Intel said it will invest $125 million in startups run by women and minorities. The new fund will be run by Intel Capital and some of that amount will overlap with the previously announced $300 million the company has promised to spend on diversifying its workforce.
It seems that every month this year has brought news of some M&A activity in the chipset industry. However, the big deals ahead for semiconductor companies could be even more focused on the Internet of Things.
Google and Infineon Technologies are developing a chipset small enough to be put into wearable devices that can sense hand gestures and movements via radar.
Intel agreed to buy rival chipset maker Altera for $16.7 billion in a long-rumored deal that will get Intel further involved in the market of silicon for network gear and data centers. The deal represents another indication of consolidation in the silicon industry and comes hot on the heels of Avago Technologies' $37 billion transaction to buy Broadcom, which will push Avago into the networking chipset market.
Avago Technologies confirmed it will buy rival Broadcom for $37 billion, in a further consolidation of the chipset industry. Avago said it will use the deal to get further involved in the wireless infrastructure, networking and broadband technology markets.
Qualcomm is pressing ahead with new chipset offerings in the Internet of Things space, and it is arguing that it has already generated significant business from IoT devices.
Samsung Electronics is trying to help everybody move faster to deliver on the Internet of Things (IoT), unveiling its set of Artik-branded modules that contain the processors, memory, communications chips and software required for device makers to create connected devices.
MediaTek is unveiling a new chipset platform designed to compete with Qualcomm at the high end of the smartphone market. MediaTek has been steadily moving up-market and gearing more of its silicon toward devices in the premier tier after breaking into the market supplying chipsets for entry-level devices.
Next week Samsung Electronics plans to unveil a new chipset platform called Artik to power devices in the Internet of Things, according to a CNET report. The report, citing unnamed sources, said that the silicon platform was developed at Samsung's Menlo Park, Calif.-based Strategy and Innovation Center. That group is focused on developing new technology, partnerships and investments in hardware.
Nvidia said it will wind down its Icera cellular baseband operations in the second quarter of fiscal 2016, which will end this summer. The company said it is open to a sale of the technology or operations.