The US Senate has voted to move ahead with proposed legislation that will see billions of dollars in subsidies and tax credits chucked at the chip industry.
The Senate has begun debating on the bill which will attempt to ease the supply chain problems which started with the arrival of the COVID-19 pandemic.
The big idea is to decrease the reliance on Asia for semiconductor supply, with chip shortages hurting the world’s biggest vendors and their resellers over the past couple of years.
Former VMware CEO [Kicking] Pat Gelsinger said he has mixed feelings about the outfit’s potential merger with Broadcom.
Gelsinger left VMware to take control of the Intel executive drinks cabinet after making VMware what it is today. He said that he hopes the deal will make VMware a more “compelling, innovative growth story”.
However he said: “I’m sort of mixed on the current thinking. If it helps VMware be a more compelling, innovative growth story, then it’s good – if it does not, then it’s not good.”
Broadcom is in talks to buy VMware, the latest in a string of software acquisitions for a company that made its early money in semiconductor chips and hardware. Gelsinger who now helms Intel Corp. was speaking in Davos, Switzerland to Bloomberg TV when he was asked about the deal.
Yesterday’s news that Nvidia and Intel are snuggling up for a glorious alliance could cause some major headaches for the industry.
Nvidia CEO Jensen Huang said during a press briefing that he was in talks to use Intel foundries to produce GPUs, a development that could see the dogged rivals join forces.
Data centre tech is based around GPUs and Nvidia holds an 81 percent market share.
All this could be problems for others in the industry especially AMD’s data centre supercomputing ambitions and TSMC’s foundry business.
AMD and Nvidia use TSMC’s foundry. AMD’s strategy so far has been to produce cheaper GPUs with a slightly better performance than Nvidia.
While it is unlikely to happen, it seems that Intel is considering snapping up British chip manufacturer ARM.
Nvidia officially announced the termination of its $40 billion acquisition from owners SoftBank Group (SBG) earlier this month due to “significant regulatory challenges”.
Shortly after its collapse, ARM confirmed it was preparing for an IPO within the fiscal year ending March 31, 2023.
Now, Intel is weighing up its own offer for ARM. Kicking Pat Gelsinger has said Intel would be interested in participating if a consortium emerges to own the UK semiconductor company.
Kicking Pat Gelsinger, Intel’s CEO, has ruled out the notion that the company will build semiconductor facilities in the UK because it’s not part of the European Union anymore.
Gelsinger told the BBC that it would definitely have considered investment in the UK but Brexit has dashed any hopes of that happening.
Chipzilla CEO Pat Gelsinger announced the addition of two new technology leaders to its executive leadership team, as well as several changes to Intel business units.
Sandra Rivera and Raja Koduri will each take on new senior leadership roles, and technology industry veterans Nick McKeown and Greg Lavender will join the company.
Gelsinger said that while he was impressed with the depth of talent and incredible innovation throughout the company, but the company needs to move faster to fulfil its ambitions.
“By putting Sandra, Raja, Nick and Greg – with their decades of technology expertise – at the forefront of some of our most essential work, we will sharpen our focus and execution, accelerate innovation, and unleash the deep well of talent across the company.”
Intel’s Data Platform Group (DPG) will be restructured into two new business units.
VMware’s COO of products and cloud services, Raghu Raghuram, will take over as the company’s new CEO at the start of June.
He has been with the company since 2003 and replaces Pat Gelsinger, who left the business earlier this year to be Intel’s new supreme Dalek.
“VMware is uniquely poised to lead the multi-cloud computing era with an end-to-end software platform spanning clouds, the data centre and the edge, helping to accelerate our customers’ digital transformations/ I am honoured, humbled and excited to have been chosen to lead this company to a new phase of growth. We have enormous opportunity, we have the right solutions, the right team, and we will continue to execute with focus, passion, and agility”, Raghuram said.
Raghuram has helped drive VMware’s direction in areas like its core visualisation business, software-defined data strategy, SAAS transformation and in mergers and acquisitions.
April 29th, 2024
April 29th, 2024
April 26th, 2024
April 26th, 2024
April 25th, 2024
April 29th, 2024
April 29th, 2024
April 26th, 2024
April 26th, 2024
April 25th, 2024