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Intel (INTC) Reportedly Offers Over $2 Billion To Acquire the…


Intel (NASDAQ:INTC), the semiconductor behemoth at the heart of a concerted thrust by the US to re-shore chip fabrication, appears to be searching to broaden its products portfolio.

As an illustration, in accordance to Bloomberg, Intel has reportedly provided around $two billion to obtain the fabless semiconductor SiFive, a provider of commercial RISC-V processor IP and silicon remedies primarily based on the RISC-V instruction established architecture.

Ought to this offer turn out to be a reality, it would mark the climax of growing bonhomie in between Intel and SiFive. For instance, back again in 2018, Intel was one of the members in the Series C funding spherical of SiFive. Thereafter, in March 2021, SiFive announced a collaboration with the Intel Foundry Enterprise (IFB) to build innovative new RISC-V computing platforms.

Of study course, contrary to legacy Instruction Set Architectures (ISAs), RISC-V’s proponents consider that it addresses the skyrocketing value of creating and producing increasingly advanced new chip architectures, provided that that the ISA is layered, extensible, and adaptable. It is hardly stunning, hence, that some consider RISC-V to be the potential.

Bear in mind that SiFive was last valued at $five hundred million, as for every the information readily available at PitchBook. This means that Intel would be spending a quality of about three hundred p.c relative to SiFive’s 2020 valuation.

This development comes as Intel is seeking to greatly enhance its chip fabrication footprint. The business has currently committed $3.five billion to enhance its Rio Rancho, New Mexico, facility regardless of the absence of materialization of the attendant subsidies from the US administration. This enhance would allow for Intel to broaden its Foveros innovative packaging capacity by forty %. For reference, Foveros is an highly developed 3D packaging technological innovation that allows the vertical stacking of compute tiles, therefore facilitating the integration of assorted computing engines across many approach technologies. These developments are taking put beneath the ambit of Intel’s IDM two. strategy that aims to put the enterprise back at the prime of the semiconductor food stuff chain. As aspect of this overarching system, Intel is now investing $twenty billion to make two new fabs at its Ocotillo facility in Arizona.

As part of the IDM two., Intel is also scaling up its foundry potential below the ambit of Intel Foundry Expert services (IFS), a fully independent company unit. Led by Dr. Randhir Thakur, the IFS seeks to expand Intel’s foundry footprint in the US and the EU by offering committed capability and a in depth IP portfolio, which includes x86 cores as properly as ARM and RISC-V ecosystem IPs.

The publish Intel (INTC) Reportedly Gives More than $2 Billion To Get the Fabless Semiconductor SiFive as the Consolidation Trend in the Marketplace Is Nowhere Close to Slowing Down by Rohail Saleem appeared very first on Wccftech.