Intel tells Arm its chip business ‘not for sale’ – Times of India

FILE PHOTO: FILE PHOTO: llustration taken January 8, 2024. REUTERS/Dado Ruvic/File Photo/File Photo Arm, the chip design powerhouse, recently approached Intel about potentially acquiring its product division, but was told the business is not for sale, according to a Bloomberg report citing a person with direct knowledge of the matter.The high-level inquiry from Arm specifically…

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Tower-Adani JV to set up $10 billion semiconductor unit in Maharashtra; may become India’s 2nd chip manufacturing facility – Times of India

India’s second chip manufacturing facility soon? The Maharashtra cabinet panel has given the green light to a substantial investment proposal amounting to $10 billion (Rs 83,947 crore) on Thursday. The venture, a collaboration between Tower Semiconductor and the Adani Group, aims to establish a semiconductor chip manufacturing facility at Taloja in Panvel, Devendra Fadnavis, the…

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PM Modi’s Singapore visit: Several MoUs signed, 1st Thiruvalluvar Cultural Centre to open & more | India News – Times of India

NEW DELHI: In the second leg of his South East Asian nations visit, Prime Minister Narendra Modi on Wednesday reached Singapore, after a historic trip to Brunei. PM Modi received a warm welcome from the Indian diaspora upon his arrival in Singapore, with traditional Maharashtrian dance and drums greeting him at the airport. This is…

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Union minister Kumaraswamy backtracks on Micron subsidy criticism, emphasizes full support for foreign investment | India News – Times of India

BENGALURU: Union minister for steel and heavy industries, H D Kumaraswamy, took to social media on Saturday to mitigate the fallout from his controversial statement regarding the subsidies granted by the state and central governments to the US semiconductor firm Micron in Gujarat.Kumaraswamy clarified his position, saying that his comments were not meant to criticize…

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