AMD confirms layoffs and lowered Q4 outlook
Intel merger rumours are not going away
AMD has confirmed a reduction in its global workforce, laying off approximately 1,000 employees, equivalent to 4 per cent of its total workforce of 26,000.
US government mulls Intel bail out
Or a forced merger with AMD and Marvell
The US government, faced with spending money on a civilised healthcare system, welfare, or decent infrastructure, is considering throwing more money at Intel.
US administration forgets fabless companies
All the money goes to manufacturing
There has been much talk about the latest CHIPS and Science Act, through which the US is attempting to advance an industrial strategy to revitalize domestic manufacturing jobs and secure semiconductor supply chains. This legislation is spectacular and well-timed, given recent de-globalization events and China's constant threat to Taiwan. And just days ago, TSMC had an event including POTUS in Arizona fab.