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The Latest Breaking News from Sandra Rivera

Three chip leaders on what drives them to compete against $3 trillion Nvidia — and where the opportunity is

AMD, Cerebras Systems, and Altera executives explain the importance of competition in the chips world at Fortune’s Brainstorm AI in San Francisco on Tuesday.

Fortune

'Awesome Branding Move': Intel recycles Altera brand for its PSG group — and it may well have been decided over a dinner in 2023

Intel believes the newly named Altera will fare better as an independent entity.

TechRadar

Intel spins off Altera: A standalone FPGA company under Intel ownership

Intel launches Altera as a standalone company to better compete for emerging market opportunities.

Tom’s Hardware

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Intel stock jumps after unveiling plans to spin-off chip division

Intel plans to spin-off its PSG division, which it purchased from Altera for around $17 billion in 2015, over the next two years.

The Street

Intel to Spin-off Programmable Solutions Group as Standalone Business, Eyeing IPO in 2-3 Years

Intel this afternoon has announced that the company will be spinning off its programmable solutions group (PSG), to operate as a standalone business. The business unit, responsible for developing Intel’s Agilex, Stratix, and other FPGA products, will become a standalone entity under Intel’s corporate umbrella starting in Q1 of 2024,…

AnandTech

Intel Says Power-Efficient Sierra Forest Chip Will Be Delivered in H1 2024

US chip giant Intel Corp said on Wednesday its first semiconductor for data center customers focused on power efficiency, Sierra Forest, would be delivered in the first half of next year, as it outlined a chip release schedule after prior delays. "It's been a challenging few years as we had…

Asharq Al-Awsat

Intel Data Center and AI Webinar Liveblog: Roadmap, New Chips, and Demos

Intel unveils its latest roadmaps along with a new product and roadmaps at its Data Center and AI Investor Webinar.

Tom’s Hardware

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Intel To Scoop Granulate Cloud Solutions In $650M Deal

Intel Corp (NASDAQ:INTC) agreed to acquire Granulate Cloud Solutions Ltd. The deal is worth $650 million, Tech Crunch reports. Granulate is an Israel-based developer of real-time continuous optimization software. The acquisition would help cloud and data center customers maximize compute workload performance and reduce infrastructure and cloud costs. Intel Datacenter and AI Group EVP…

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