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Apollo Global to provide $11 billion to Intel for Ireland facility
  + stars: | 2024-06-04 | by ( ) www.cnbc.com   time to read: +1 min
Buyout firm Apollo Global Management will acquire a 49% equity interest in Intel's manufacturing facility in Ireland for $11 billion, the companies said on Tuesday. Apollo will acquire the stake in the Fab 34 facility in Leixlip, Ireland, the U.S. chipmaker's first high-volume location for its Intel 4 manufacturing process using extreme ultraviolet lithography machines. Intel has invested $18.4 billion in the facility till date. Intel will retain full ownership and operational control of Fab 34 and its assets. "This transaction allows us to share our investment with an established financial partner on attractive terms," Intel Chief Financial Officer David Zinsner said.
Persons: David Zinsner Organizations: Apollo Global Management, Intel Locations: Ireland, Leixlip, U.S, France
A smartphone with a displayed Intel logo is placed on a computer motherboard in this illustration taken March 6, 2023. The effort in Ireland is Intel’s first attempt at high-volume manufacturing using EUV technology. Beyond its existing facilities in Ireland, Intel plans to build a big chip complex in Germany and semiconductor assembly and test facility in Poland. The three facilities will help create a first-of-its-kind end-to-end advanced semiconductor manufacturing value chain in Europe, Intel said. The new factory will double Intel’s manufacturing space in Ireland, where it is one of the country’s largest multinational employers with 4,900 people, around half its European workforce.
Persons: Dado Ruvic, Intel’s, ” Ann Kelleher Organizations: DUBLIN, Reuters, Intel, REUTERS, U.S ., Taiwan Semiconductor Manufacturing, PCs, U.S Locations: Ireland, U.S, Europe, Leixlip, Dublin, Portland, Hillsboro , Oregon, Arizona, Germany, Poland
Fixing Intel ends with taking it apart
  + stars: | 2023-09-29 | by ( Robert Cyran | ) www.reuters.com   time to read: +4 min
A man walks past an Intel wall at the 2009 Computex trade show in Taipei June 3, 2009. REUTERS/Pichi Chuang Acquire Licensing RightsNEW YORK, Sept 29 (Reuters Breakingviews) - Intel (INTC.O) will have to get out of its own way. But now that its manufacturing technology has fallen behind, it’s dragging down both sides of the business. Snag is, Intel’s manufacturing arm will always have a reason to prioritize its own chips to support its design business. CONTEXT NEWSIntel announced on Sept. 29 the start of high volume manufacturing using its Intel 4 process technology at a plant in Leixlip, Ireland.
Persons: Pichi Chuang, Boss Pat Gelsinger, Intel’s, Gelsinger, Jonathan Guilford, Sharon Lam Organizations: Intel, Electronics, Reuters, Thomson Locations: Taipei, Taiwan, Arizona, Leixlip, Ireland
Abortion is ancient history and that matters today
  + stars: | 2023-06-23 | by ( Katie Hunt | ) edition.cnn.com   time to read: +9 min
This long view of abortion matters, according to Mary Fissell, a professor of the history of medicine at Johns Hopkins University. That’s because assumptions about how abortion was viewed in the past color present-day arguments about abortion rights. Abortion opponents portray the rights granted by Roe v. Wade and legal access to abortion as an historical aberration, according to Fissell, which is not accurate, historians say. Earliest references to abortionThe first written references to abortion are contained in an ancient Egyptian papyrus written about 3,500 years ago. For most of history, abortion has not been an issue about the fetus, like it is today, but rather about women’s behavior.
Persons: Mary Fissell, Roe, Wade, , Fissell, , Dobbs, it’s, Lysistrata, Aristophanes, , Lisa Briggs, Briggs, Pliny the Elder, ” Briggs, It’s, Maeve Callan, Callan, , Saint Brigid, Patrick, Brigid, Peter Morrison, God, ” Callan, “ quickening, Pope Sixtus V, Pope Gregory XIV Organizations: CNN, Johns Hopkins University, US, Jackson, Health Organization, Cranfield University, British Museum, , Simpson College, AP, quicken Locations: United States, Dobbs v, Rome, Cyrene, Libya, Iowa, Medieval Ireland, Ireland, Leixlip, Kildare
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