Intel shares fall on $7 billion operating loss in foundry business

U.S. President Joe Biden tours the Intel Ocotillo Campus, in Chandler, Arizona, U.S., March 20, 2024.  Kevin Lamarque | Reuters Intel shares fell 4% at one point in extended trading on Tuesday after the company revealed long-awaited financials for its semiconductor manufacturing business, commonly called the foundry business, in a SEC filing. Intel said its … Read more

Foundry is shutting down in slow motion

For episode transcripts and more, head to Equity’s Simplecast website. Equity drops at 7 a.m. PT every Monday, Wednesday and Friday, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has a great show on crypto, a show that interviews founders and more! Transcript A special thanks to Ram Iyer for his help tidying up the original … Read more

Foundry Group is shutting down and won’t raise another fund

Foundry Group, an 18-year-old venture firm with nearly $3.5 billion in assets under management, has quietly decided to shut down and not raise any more funds. The move was unexpected considering that the firm announced a $500 million fund last year. Boulder, Colorado-based Foundry first announced that its current fund would be its last on … Read more

Starfield is a ‘bizarrely worse expertise’ on Nvidia and Intel, says Digital Foundry

Starfield is likely one of the most demanding video games on PC that we’ve seen lately, with even the RTX 4090 paired with AMD’s newest Ryzen 7800X3D nearly hitting 60fps on common at 4K with all of the settings maxed out. As reviewers and testers scramble to determine why Starfield is so heavy, the consultants … Read more

Samsung particulars roadmap for 2nm chip because it expands foundry capability

Samsung on Tuesday outlined when it’s going to launch its 2-nanometer (nm) course of for what purposes within the coming years. The South Korean tech big mentioned it’s going to start mass manufacturing of 2nm chips to be used in cell purposes in 2025, throughout its Samsung Foundry Discussion board held in San Jose, California. … Read more