Intel Restructures Leadership Amid AI Expansion

Intel CEO Lip-Bu Tan has initiated a significant leadership restructuring to enhance the company’s focus on artificial intelligence (AI) and streamline operations. The reorganization includes flattening the leadership hierarchy, allowing major chip divisions—such as data center, AI, and PC chips—to report directly to Tan. Sachin Katti has been appointed as Chief Technology and AI Officer,…

Read More

Google to Appeal U.S. Court’s Monopoly Ruling in Digital Ad Tech Case

Alphabet’s Google has announced plans to appeal a recent U.S. District Court decision that found the company guilty of anti-competitive practices in the digital advertising market. Judge Leonie Brinkema ruled that Google willfully acquired and maintained monopoly power in the publisher ad server and ad exchange markets, which are crucial for websites and online platforms…

Read More

South Korea Announces $23 Billion Chip Support Plan Amid U.S. Tariff Uncertainty

Increased Support to Counter Global Pressures SEOUL, April 15 (Reuters) – South Korea raised its support package for the semiconductor industry to 33 trillion won ($23.25 billion). That’s up from 26 trillion won announced last year — a 25% increase. The move comes amid uncertainty over U.S. trade policy and growing competition from China, the…

Read More

Tariffs on Foreign Semiconductor Chips Coming Soon, Says Trump

President Donald Trump announced that new tariffs on imported semiconductors will be revealed within the next week, with additional duties on smartphones, computers, and other electronics expected to follow in the coming months. Speaking to reporters aboard Air Force One, Trump stated that flexibility will be granted to certain companies but emphasized the need to…

Read More