New Delhi, July 27 (IANS) Chipmaker Intel reported stronger-than-expected second-quarter results, with revenue rising 25 per cent year-on-year, driven by robust demand for artificial intelligence (AI)-powered computing, data centre processors and foundry services, a report has said.As per analysis of the Vietnam Times, the company posted revenue of $16.1 billion for the quarter ended June, up from $12.9 billion a year earlier and ahead of its own guidance as well as analysts’ expectations of aro…
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Washington, July 3 (IANS) US President Donald Trump said the United States must remain ahead of China in the race to dominate artificial intelligence, describing AI as a technology with greater long-term significance than the internet.Speaking in an interview with CNBC, Trump said maintaining American leadership in AI was a strategic priority and warned against allowing China to overtake the United States.”AI is bigger than the internet,” Trump said.”I’ve never seen anything. The internet was a …
Bengaluru, June 30 (IANS) India’s global capability centre (GCC) ecosystem is well-positioned to drive the country’s next phase of innovation-led growth by partnering with startups, incubators and young innovators, Atal Innovation Mission (AIM) Mission, Director Deepak Bagla said on Tuesday.Speaking at the GCC Conclave — organised by AIM, NITI Aayog, in partnership with the Software Technology Parks of India (STPI) — on Innovation 2026 here, Bagla highlighted the growing role of GCCs in India’…
Belfast, June 28 (IANS) Ireland left-arm pacer Jai Moondra described his maiden international outing in the T20I series opener against India as an ‘unreal feeling’ and credited his teammates and coaches for helping him stick to the team’s plans. Moondra’s figures of 2-25 helped Ireland beat India by 34 runs and get their first win over the T20 World Cup champions for the first time in international cricket.“It was an amazing feeling going out, stepping on international platform, testin…
Seoul, June 19 (IANS) Seoul stocks traded sharply higher on Friday, buoyed by chips and other tech heavyweights, after topping the historic 9,000 landmark the previous session.The benchmark Korea Composite Stock Price Index (KOSPI) rose 200.67 points, or 2.21 percent, to 9,264.51, as of 11:20 a.m., after peaking above 9,300 at one point, reports Yonhap news agency.The index followed gains on Wall Street overnight, lead by major chipmakers, including Intel. The U.S. semiconductor company jumped a…
Bhubaneswar, May 29 (IANS) The Odisha government has signed a Memorandum of Understanding (MoU) with Intel and 3D Glass Solutions (3DGS) of the US for the establishment of an Advanced Packaging Substrate Manufacturing Facility in the state — a first-of-its-kind project in India, government officials said on Friday. As per an official statement issued, the facility will leverage advanced glass-based substrate technologies and high-density interconnect packaging, essential for sectors such as AI,…
New Delhi, May 29 (IANS) The Odisha government has signed a memorandum of understanding (MoU) with Intel and 3D Glass Solutions (3DGS) to bring substrate manufacturing technology to India, according to Union Minister for Electronics and Information Technology Ashwini Vaishnaw on Friday.Vaishnaw congratulated the state government, Intel and 3DGS on signing the pact aimed at introducing substrate manufacturing capabilities in India through a post on social media platform X.”Congratulations to the …
Seoul, April 28 (IANS) Seoul stocks briefly topped the 6,700-point level on Tuesday, set to reach another milestone, driven by large-cap tech shares ahead of earnings releases from big US tech companies.The benchmark Korea Composite Stock Price Index (KOSPI) hit an intraday high of 6,712.73 points in the morning session, reports Yonhap news agency.The new peak came ahead of first-quarter earnings releases from the Magnificent 7 (M7) companies in the United States, including Apple, Microsoft and …
Bengaluru, March 31 (IANS) The Karnataka Energy Department has initiated a series of measures to ensure reliable and uninterrupted power supply to Intel’s SRR4 campus in Bengaluru, following a high-level review meeting chaired by Additional Chief Secretary (Energy) Gaurav Gupta, stated an official release on Tuesday. The SRR4 campus, a key part of Intel India’s research and development and engineering operations, plays a critical role in the company’s global activities. It is among I…
Sanand (Gujarat), March 31 (IANS) Union Electronics and Information Technology Minister Ashwini Vaishnaw on Tuesday said four semiconductor plants are expected to be ready in India by 2026, as he outlined an accelerated roadmap for the sector following the inauguration of a new facility in Gujarat.In comments after Prime Minister Narendra Modi inaugurated the Kaynes Semicon’s OSAT plant in Sanand, Vaishnaw said: “In 2026, four plants will be ready, and two plants in 2027. India’s first fabrica…