Intel

Vietnam National University Hanoi (VNU Hanoi) is speeding up the construction of a national semiconductor laboratory worth $70 million, as Intel and Intel Products Vietnam (IPV) have transferred chip assembly and testing equipment to the university and Saigon Hi-Tech Park.

Intel plans to continue expanding investment in Vietnam while supporting workforce training and the development of the country’s semiconductor ecosystem, a delegation of the American semiconductor giant said to Vietnam’s Ministry of Science and Technology.

Intel Corporation has exported around four billion chips from Vietnam to global markets over the past 20 years, with a total value exceeding $110 billion, said Sarah E. Kemp, Intel Vice President for Government Affairs, Policy and Trade.

Intel has completed the handover of 31 chip assembly and testing machines to Saigon Hi-Tech Park (SHTP) in Ho Chi Minh City and Vietnam National University Hanoi in the capital city of Hanoi.

Intel has expanded the role of Santhosh Viswanathan, Vice President and Managing Director for Intel India, appointing him as Vice President and Managing Director for India, Asia Pacific, and Japan (APJ), the tech giant announced on Tuesday.

NVIDIA will invest $5 billion in Intel’s common stock at a purchase price of $23.28 per share. The investment is subject to customary closing conditions, including required regulatory approvals.

Japanese multinational investment firm SoftBank Group Corp. and global technology firm Intel Corporation announced Tuesday their signing of a definitive securities purchase agreement, under which SoftBank will make a $2 billion investment in Intel common stock.

His appointment also comes three months after Intel ousted CEO and company veteran Pat Gelsinger, whose ambitious and costly plan to turn the company around was faltering and sapping investor confidence, Reuters reported.

Singapore-based generative artificial intelligence (AI) start-up TAU Intelligence has collaborated with Hong Kong-based conglomerate Jardine Matheson and United States-based technology firm Intel to launch resource-efficient AI solutions.

Singtel on last Friday announced its collaboration with Intel to establish a 5G Multi-access Edge Compute (MEC) incubator that will enable enterprises to adopt 5G seamlessly, deploy applications that need low latency processing at the edge, drive innovation and accelerate their digital transformation.