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As things stand, Intel is the only US chip firm with plants, known as fabs, that are capable of making advanced semiconductors. TSMC is set to open a fab in Arizona next year, while reports suggest Sam Altman is seeking to raise funds to create chip manufacturing plants. Intel's customers in China include Alibaba and TikTok parent company ByteDance, which have been subject to scrutiny from the US government. "Intel's ties to key businesses in China are typical for a high-tech firm," he said. As Intel and the US consider plans to increase manufacturing capacity at home, the company's China ties will loom large in the global chip race.
Persons: , Joe Biden, Biden, Forrester's, Alvin Nguyen, HWA CHENG, Sam Altman, Pat Gelsinger, Gelsinger, Forrester's Nguyen, it's, Stacy Rasgon, Bernstein, Rasgon Organizations: Service, Intel, Business, Qualcomm, Street Journal, Bloomberg, China Intel, HWA, Getty, Nvidia, AMD, New York Times, The Times, South Korea's SK Hynix, Intel Capital, Financial, Financial Times, Yahoo Locations: chipmaking, Washington, Intel's Arizona, China, AFP, Taiwan, Arizona , New Mexico, Oregon, Arizona, Chengdu, Dalian, South, Beijing
During his tenure as CEO, Grove transformed the chip company into a giant of Silicon Valley that, during the 1990s, was as important to the PC market as Microsoft. Pat Gelsinger, who has led Intel as CEO since 2021, has enacted a sweeping set of new initiatives to turn the chip company around. Its Gaudi 3 AI chip, unveiled as a rival to offerings from Nvidia and AMD, is expected to generate just $500 million in sales this year. Meanwhile, Alvin Nguyen, senior analyst at Forrester, told Business Insider that this is a big public win for Intel. Gelsinger's second headline announcement was that the company is establishing Intel Foundry as a separate subsidiary within Intel, with its own new operating board and independent directors.
Persons: , Andrew Grove, he'd, Grove, Grove —, Pat Gelsinger, Gordon Moore, Gelsinger, HWA CHENG, Patrick Moorhead, Moorhead, Alvin Nguyen, Forrester, Gelsinger's, It's, Forrester's Nguyen, Bernstein Organizations: Service, Microsoft, Intel, Business, Nvidia, Gaudi, AMD, Revenue, HWA, Getty, Amazon Web Services, Intel Foundry, Reuters Locations: Silicon, Japan, Moore's, AFP, Poland, Germany, Arizona , Oregon, New Mexico, Ohio
Now, looking for a return on their content investments, Disney , Warner Bros. Disney said last week that its combined streaming services — Disney+, Hulu and ESPN+ — were profitable for the first time during its fiscal third quarter. Ahead of earnings, Disney announced it's raising streaming prices by $1 to $2 a month for Hulu, Disney+ and ESPN+. Similar to Disney, Paramount Global said last week in its quarterly earnings conference call that its streaming business, centered on flagship service Paramount+, reached profitability. Discovery said during its second-quarter earnings conference call that streaming ad revenue doubled year over year.
Persons: Jaque Silva, Mike Proulx, Disney, Bob Iger, Iger, Discovery's Max, Comcast's Peacock, Gunnar Wiedenfels, Forrester's Proulx, Proulx, Discovery's Wiedenfels, Discovery, Tim Nollen, Ted Sarandos, Sarandos Organizations: Netflix, Disney, Warner Bros . Discovery, Forrester, Hulu, ESPN, Warner Bros, Paramount, Paramount Global, Discovery, Max, Hub Entertainment Research, Getty, Media, Macquarie, Westend61 Locations: Paramount's, Peacock
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailForrester’s Davis Truog is bullish about the future of chatbotsForrester's Davis Truog and Bank of America's Nikki Katz join 'Power Lunch' to discuss the chatbot boom and its impact on U.S. consumers.
Persons: Forrester’s Davis, chatbots Forrester's Davis, America's Nikki Katz Organizations: Bank
Hollywood stakeholders and analysts alike have declared Netflix the winner of the streaming wars — but the celebration may be short-lived as streaming enters a new phase. Analysts can't say for sure how much more subscriber growth Netflix can add through its cheaper ad tier and password-sharing crackdown, though. Plus, Netflix is about to face big competition for ad dollars from Amazon, which will launch ads on Prime Video starting January 29. Also, Big Tech's ability to fund their streaming services indefinitely could keep subscription prices depressed for Netflix, along with everyone else, Bernstein noted. But now that the strikes are over, some analysts predict Netflix will face a bigger content bill going forward.
Persons: Scott Stuber, Forrester, Mike Proulx, Brian Wieser, Evercore, Peacock, Oscar, Ted Sarandos, Netflix isn't, Gen, Bernstein, Jason Bazinet Organizations: Netflix, Business, Disney, Macquarie Research, Paramount, Citigroup Locations: Canada, North America
US search spend on retail media properties is expected to grow 18.7% this year, while search spend outside retail media is expected to grow just 5%, per Insider Intelligence. Despite offering Shopping Ads and analytics and order management tools, industry analysts usually don't consider Google as a retail media operator. AdvertisementAdvertisementHowever, not all retail media spend is coming at the expense of Google and traditional advertising channels. Forrester's second-quarter marketing CMO pulse survey found that the majority of retail media spend is coming from existing trade and shopper marketing budgets. Retailers are cannibalizing those budgets to fuel growth of their retail media networks, said Nikhil Lai, senior analyst at Forrester.
Persons: , Alex Brownsell, Bill Fisher, Nikhil Lai, Forrester's Lai Organizations: Google, Walmart, Service, Retail, Intelligence, Kroger, Forrester, Apple, Instacart Locations: Amazon, Wall, Silicon, Instacart
They hope to use shopper data to prove that streaming ads are more effective than linear TV ads. Instacart, Walmart, Kroger, and Best Buy are racking up partnerships with streaming TV companies like Roku and Disney. By partnering with retailers, streaming TV ad sellers can gun for the big budgets that CPG brands spend on linear TV, she said. Streaming ads are often pitched as being more targetable and measurable than linear ads. Both Walmart and Albertsons works with the Trade Desk to target streaming ads.
It's a paltry sum for many companies, but when spent intelligently, it can help promising employees become effective leaders, says Katy Tynan, a principal analyst at Forrester who co-published the report. Without quality leadership, employees become disengaged at work, leading to retention issues. That means if five employees making $100,000 annually quit, your company might need to spend $500,000 replacing them. The problem: Leadership development isn't something you can simply throw money at. Here's her advice for employees who want support, and workplaces struggling to retain them.
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