Author: Jane Lanhee Lee

By Jane Lanhee Lee and Stephen Nellis SANTA CLARA, California (Reuters) – U.S. semiconductor toolmaker Applied Materials Inc on Monday said it plans to spend up to $4 billion on a research center in the heart of Silicon Valley to speed up advances in semiconductor manufacturing. The center, which will be based in Sunnyvale, California,…

By Akash Sriram and Jane Lanhee Lee (Reuters) -Chipmaker Micron Technology Inc on Wednesday forecast a much steeper-than-expected second-quarter loss and said it will lay off 10% of its workforce next year, citing a nagging glut in the semiconductor market. “Due to the significant supply demand mismatch entering calendar 2023, we expect that profitability will…

By Stephen Nellis and Jane Lanhee Lee SAN FRANCISCO (Reuters) -Chip technology firm Arm Ltd, which is owned by Softbank Group Corp, said on Wednesday it has sued Qualcomm Inc and Qualcomm’s recently acquired chip design firm Nuvia Inc for breach of license agreements and trademark infringement. Arm is seeking an injunction that would require…

By Steven Scheer and Jane Lanhee Lee JERUSALEM/SAN FRANCISCO (Reuters) – Intel Corp on Tuesday launched a new chip called Gaudi2 focused on artificial intelligence computing, as the chip manufacturer makes a bigger push into the AI chip market currently dominated by Nvidia Corp. Gaudi2 is the second generation processor by Habana Labs, an Israeli…

By Supantha Mukherjee, Foo Yun Chee and Jane Lanhee Lee STOCKHOLM/BRUSSELS/SAN FRANCISCO (Reuters) – Intel has picked Germany as the site for a huge new chipmaking complex, giving the first details of a $88 billion investment drive across Europe, which is striving to cut its reliance on imports and ease a supply crunch for manufacturers.…