Intel rejects proposed Arm acquisition, is reportedly on track to receive CHIPS funding
Intel has been attempting to reverse its poor financial outlook after it posted a $1.6 billion loss in Q2 2024. Immediately after the results were released, Intel announced it would be making 15,000 layoffs across the company as part of a plan to save $10 billion.
Questionable report claims Arm approached Intel to buy products group and got rejected
Arm Holdings reportedly approached Intel about acquiring its product division, which develops and sells processors for PCs, servers, and networking gear. Intel declined, stating the division is not for sale, reports Bloomberg.
Arm reportedly approached Intel about buying up its product division, but was quickly rebuffed by the crisis-strewn chipmaker ...
Chipmaker Intel has rejected a bid by chip designer Arm Holdings for its product division, Bloomberg reported late Thursday.
Intel's recent series of blunders indicate it's failing to catch up to TSMC in the "process race" to produce smaller, denser, ...
Chipzilla said it was not that desperate yet Intel rejected an offer from the British chip designer Arm to buy its ...
The once venerable x86 chip has been pushed aside by scalable, energy-efficient, AI-optimized architectures from Arm, Nvidia, ...
Intel's Core Ultra Series 2 processors show improvement from the first generation, but Apple's and Qualcomm's ARM-based chips ...
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