Tag: INTEL
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Intel to Spin Off and Rename Its Investment Arm
– Intel will spin off its investment arm, Intel Capital. – The new organization will have a distinct name. – Intel Capital invests $5 billion across approximately 170 companies. – Focus areas include cloud computing, electronic devices, and semiconductor technologies. On Tuesday, Intel Corporation announced its decision to separate its in-house investment fund, Intel Capital,…
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Biden Administration Grants $53 Million to HP for Semiconductor Research in Oregon
The Biden administration has awarded up to $53 million to HP in Corvallis, Oregon, for semiconductor research as part of the CHIPS and Science Act. This funding will expand HP’s facility and is projected to create new job opportunities. The award is part of a broader federal investment in domestic technology and manufacturing to spur…