Intel uses Mobileye proceeds to chip factory


According to CEO Pat Gelsinger, Intel Corporation  intends to use the funds raised by Mobileye’s initial public offering (IPO) to fund more chip factories. The company announced its intention to list the Israeli company in New York. Gelsinger said in…

TSMC in dispute with Intel


Last weekend, TSMC Chairman Liu blamed Intel on its efforts to persuade the US government to support only local chip companies in the US. “Not many people would believe what Intel said,” Liu said. “It would be very unfavorable for…