Widening demonstrations sparked by Iran’s ailing economy spread Thursday into the Islamic Republic’s rural provinces, with at least eight people being killed in the first fatalities reported among security forces and protesters, authorities said. The deaths may mark the start of a heavier-handed response by Iran’s theocracy over the demonstrations, which have slowed in the…
Intel, the once-dominant US company, has been left trailing in the fast-growing AI chip market. Nvidia has tabled a $5 billion investment in struggling rival Intel, a move that could reshape the balance of power in the global chip market. The deal, still subject to regulatory approval, comes as Intel battles declining market share and…
Intel CEO Lip-Bu Tan. Japanese-based multinational conglomerate SoftBank and US-based chipmaker Intel have signed a definitive securities purchase agreement, under which SoftBank will make a $2 billion investment in Intel common stock. In a joint statement, the organisations say the investment comes as they deepen their commitment to investing in advanced technology and semiconductor innovation…
