Intel rebuffs Arm after SoftBank-owned firm asked to buy US chip maker’s product unit

Intel rebuffs Arm after SoftBank-owned firm asked to buy US chip maker’s product unit

Arm Holdings approached Intel Corp about potentially buying the ailing chip maker’s product division, only to be told that the business is not for sale, according to a person with direct knowledge of the matter. In the high-level inquiry, Arm did not express interest in Intel’s manufacturing operations, said the person, who asked not to … Read more

Alibaba, Nvidia collaborate on advanced autonomous-driving solution, computing services

Alibaba, Nvidia collaborate on advanced autonomous-driving solution, computing services

Alibaba Cloud, the digital technology backbone of the e-commerce giant, on Friday announced that collaboration, as it unveiled a large multimodal model (LMM) solution for automotive applications that it co-developed with Nvidia and start-up Banma Network Technology, Alibaba’s intelligent cockpit solution provider, at the Apsara Conference that runs until Saturday. Alibaba owns the South China … Read more

Intel lands Amazon as client for custom AI chips, a major win for its foundry business

Intel lands Amazon as client for custom AI chips, a major win for its foundry business

Intel’s foundry, or contract manufacturing business, has signed up Amazon’s cloud services unit as a customer for making custom artificial intelligence chips, the companies said on Monday, a deal that gives the chip maker a vote of confidence. Intel’s shares rose roughly 8 per cent in extended trading after CEO Pat Gelsinger released a memo … Read more

Nvidia subpoenaed by US Justice Department in escalating antitrust probe

Nvidia subpoenaed by US Justice Department in escalating antitrust probe

The US Justice Department sent subpoenas to Nvidia and other companies as it seeks evidence that the chip maker violated antitrust laws, an escalation of its investigation into the dominant provider of AI processors. The DOJ, which had previously delivered questionnaires to companies, is now sending legally binding requests that oblige recipients to provide information, … Read more

Intel to cut 15% jobs, suspend dividend in turnaround push; shares plummet

Intel to cut 15% jobs, suspend dividend in turnaround push; shares plummet

The results did not rock the broader chip industry. The symbol for Intel appears on a screen at the Nasdaq MarketSite in New York, Oct. 1, 2019. Intel Corp. Photo: AP AI powerhouse Nvidia and smaller rival AMD ticked up after hours, underscoring how well-positioned they were to take advantage of the AI boom, and … Read more

Nvidia preparing a version of new Blackwell AI chip for China market, sources say

Nvidia preparing a version of new Blackwell AI chip for China market, sources say

The sources declined to be identified as Nvidia has yet to make a public announcement. A spokesman for Nvidia declined to comment. Inspur did not respond to requests for comment. Nvidia chief executive Jensen Huang unveils the company’s new Blackwell AI chip platform at an event in San Jose, California, on March 18, 2024. Photo: … Read more

Calif. family whose son was swept away in raging flood still searches

Calif. family whose son was swept away in raging flood still searches

National Guard troops, sheriff’s office personnel and firefighters search for missing 5-year-old Kyle Doan Thursday, Jan. 12, 2023, near San Miguel, Calif.  AP It’s been a year of nonstops for the Doan family of Paso Robles. Nonstop disbelief. Nonstop searching. Nonstop second guessing. Nonstop grieving. And now a nonstop legal battle.   It’s been a year … Read more

Mike Florio calls Ravens ‘sacrificial lambs’ predicts 49ers Super Bowl

Mike Florio calls Ravens ‘sacrificial lambs’ predicts 49ers Super Bowl

Christian McCaffrey of the San Francisco 49ers celebrates after scoring a touchdown during an NFL football game against the Arizona Cardinals at State Farm Stadium on December 17, 2023 in Glendale, Arizona. Cooper Neill/Getty Images The Christmas night showdown between the San Francisco 49ers and Baltimore Ravens has been billed as a Super Bowl preview, with … Read more

Bay Area Costcos have a sought-after item people wait 12 years to get

Bay Area Costcos have a sought-after item people wait 12 years to get

File — A rare bottle of wine is currently available at select Bay Area Costco stores.  Tim Boyle/Getty Images Costco is garnering attention for carrying a coveted item people wait up to 12 years to get their hands on. Earlier this month, a post on Reddit suggested that Newark’s newly opened Costco store carried a … Read more

Popular Berkeley bagel shop opens newest Bay Area location

Popular Berkeley bagel shop opens newest Bay Area location

Berkeley’s Boichik Bagels plans to open its new Santa Clara location this week. Lydia Daniller/Courtesy of Boichik Bagels Santa Clara’s long-awaited location of Boichik Bagels is finally expected to open on Dec. 7, owner Emily Winston announced on Instagram. Winston first announced her popular Berkeley bagel business would be opening a bagel shop at 2050 … Read more