American chip manufacturer Intel will invest 30 billion ringgit ($7.10 billion) in a new, state-of-the-art facility, Malaysian authorities said on Monday.

The US should invest more in American chipmakers rather than their Asian rivals such as TSMC and Samsung, Intel CEO Pat Gelsinger said Wednesday, adding that domestic companies would give the country more control of intellectual property.

The Biden administration spurned a plan by Intel to increase production in China over security concerns, dealing a setback to an idea pitched as a fix for US chip shortages, according to people familiar with the deliberations.

Advanced Micro Devices (AMD) on Monday said it has won Meta Platforms as a data center chip customer, sending AMD shares up more than 11% as it cemented some of its gains against Intel.

Today at its inaugural Intel Innovation event, Intel returned to its developer roots, highlighting a renewed commitment to the community and a developer-first approach across software and hardware. Announcements spanning new products, developer tools and technologies underscore Intel's focus on empowering an open ecosystem, ensuring choice for developers to use the tools and environments they prefer, and building trust and partnership across cloud service providers, open source communities, startups and others.

Intel's plans for a multibillion-dollar investment in a new US semiconductor plant hang in part on Congress moving on a stalled plan to bolster the domestic chip industry, the company's chief executive said.

For around a year now, Apple has been switching to its own M-family processors across the Mac range - starting with the M1-equipped Mac mini, MacBook Air and entry-level MacBook Pro in November 2020, and culminating most recently in the high-end MacBook Pros with M1 Pro and M1 Max chips announced last night. In the process the company has abandoned Intel's processors after 15 years of collaboration.

The Biden administration is pressuring companies involved in the semiconductor supply chain to be more transparent as the global chips shortage continues to wreak havoc across many industries, officials said.

Intel plans to build new chip-making facilities in Europe valued at up to $95 billion, responding to a cross-border race to add manufacturing capacity at a time of a global chip-supply crunch.

Intel Chief Executive Pat Gelsinger is committed to buying other chip-makers as the industry consolidates, despite a leading acquisition candidate's plan to go public.

SK Hynix plans to turn Intel's NAND memory and storage business into a stand-alone US company that will be owned by the South Korean chipmaker.

Infineon chief executive Reinhard Ploss on Tuesday supported the idea of Taiwan Semiconductor (TSMC) building a chip fabrication plant in Germany, expressing a clear preference for its technology over that of Intel.

Advanced Micro Devices gave a bullish third-quarter sales forecast, indicating it's gaining market share from Intel in the lucrative market for server chips.

Globalfoundries is sticking with its plan for an initial public offering next year, according to company CEO Tom Caulfield. Reports that Globalfoundries is the subject of a takeover bid by Intel are speculation, he said.

Any talks don't appear to include Globalfoundries executives, as a spokeswoman for the company said it isn't in discussions with Intel.

Intel has said investment in its planned new European $20bn semiconductor factory could be spread across several EU member states, as it lobbies to win the bloc's financial and political support for the project.

SiFive, a startup that designs semiconductors, has received takeover interest from investor Intel, according to people familiar with the matter.

Intel CEO said on Monday it could take several years for a global shortage of semiconductors to be resolved, a problem that has shuttered some auto production lines and is also being felt in other areas, including consumer electronics.

Intel and SK Hynix have moved closer to completing their memory and storage business transaction after securing EU approval.

Some of the world's biggest chip buyers, including Apple, Microsoft and Alphabet's Google, are joining top chip-makers such as Intel to create a new lobbying group to press for government chip manufacturing subsidies.

While more and more chips are needed in the US, fewer and fewer are manufactured here.

Intel said on Sunday it will invest another $600 million in Israel to expand its R&D and confirmed it was spending $10 billion on a new chip plant.

The global semiconductor shortage roiling a wide range of industries likely won't be resolved for a few more years, according to Intel's new CEO Pat Gelsinger.

Intel wants EUR8 billion (US$9.7 billion) in public subsidies towards building a semiconductor factory in Europe, its CEO was quoted as saying on Friday, as the region seeks to reduce its reliance on imports amid a shortage of supplies.

The EU's industry commissioner Thierry Breton is to meet with Intel chief executive Pat Gelsinger and a top TSMC executive this week as the bloc seeks added sway in the semiconductor supply chain.

Intel has confirmed a Covid-19 outbreak on the construction site for its new fab in Ireland. The chipmaker said about 70 cases had been confirmed so far.

US President Joe Biden met with executives from major companies on Monday to discuss the global chip shortage that has hit automakers and spurred Intel to announce it plans to make chips for car plants at its factories in the next six to nine months.

Intel CEO Pat Gelsinger will virtually attend a meeting being put together by President Joe Biden's administration for April 12 to discuss the semiconductor supply chain issues disrupting US automotive factories, according to a person familiar with the matter.

Arm has unveiled the biggest overhaul of its technology in almost a decade, with new designs targeting markets currently dominated by Intel.

Intel and the US Defense Advanced Research Projects Agency (DARPA) have announced a three-year partnership to advance the development of domestically manufactured structured ASIC platforms.

Steam has published its Hardware & Software Survey for February and AMD has managed to gain further processor usage share from Intel. However, while things look rosy for AMD at the moment, the supply situation could give the upcoming Intel Rocket Lake series an upper hand over the Ryzen 5000 range.

As the US looks to fulfill its semiconductor needs on its own, Arizona is fast emerging as a base for the domestic industry's revival. Already home to large Intel workforces, the state will soon add staff from Taiwan's TSMC, supplier LCY Group, and potentially Samsung, as a slew of industry giants eye sites in the sun-beaten Southwestern state.

It's nervous about its new CPU rival.

Samsung Electronics on Thursday commented for the first time on Intel's decision to outsource more of its chipmaking, but declined to talk about any possible partnership with one its key rivals.

Intel's first desktop GPUs in 20 years need a special BIOS

Intel's incoming CEO said on Thursday that the company's troubled 7-nanometer chip manufacturing technique is on track to be used to make chips sold in 2023.

The Trump administration notified Huawei suppliers, including chipmaker Intel, that it is revoking certain licenses to sell to the Chinese company and intends to reject dozens of other applications to supply the telecommunications firm, people familiar with the matter told Reuters.

Intel focused much of its time at this year's virtual CES on its new desktop and mobile processors, as well as spotlighting the laptops that will feature its new hardware debuting in the next few months.

Intel CEO Bob Swan is set to step down effective Feb. 15, the company announced.

An early preview at Intel's hybrid Alder Lake chips