It was announced today that the Wireless Solutions (WLS) business from Infineon will be acquired by Intel for approximately $1.4 billion.
WLS will continue to operate as a standalone business during and after the transaction; Intel has pledged its support to WLS's customers and the ARM-based platforms they work with. Infineon will use the added capital to expand its reach in the automotive, industry and security sectors. Intel plans to use the acquired 3G technology from WLS in its smartphones, netbooks, tablets and other devices, promoting the "Internet connectivity" pillar of Intel's computing strategy
Last Friday, Intel CEO Pat Gelsinger told CNBC he thinks the chip shortage will last into 2024.
The Radeon RX 6500M outperforms the Intel Arc A370M in AMD benchmarks. This week, Intel unveiled its Arc laptop GPUs, which featured the A370M from the Arc 3
AMD has a larger market cap than Intel for the first time in history. Since its initial Zen architecture in 2017, AMD's fortunes have improved dramatically.
