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Today β€” 20 June 2026Wccftech

Intel CEO Lip-Bu Tan Spills The Beans on Elon Musk’s Problem Solving & Reveals Potentially Major Chip Supply Chain Shortage

19 June 2026 at 22:59

Intel CEO Lip-Bu Tan discussed his experience working with Elon Musk for the Terafab project and the impact that booming demand for artificial intelligence is having on the semiconductor supply chain. Tan made the remarks during the No Priors: AI, Machine Learning, Tech, & Startups podcast as he praised the trillionaire entrepreneur and commented on the memory shortage. Intel CEO Lip-Bu Tan Couldn't Stop Praising Elon Musk The discussion started with Elon Musk's Terafab project through which he aims to meet the demand for chips for his cars, robotics and plans for space-based data centers. Intel will manufacture chips for […]

Read full article at https://wccftech.com/intel-ceo-lip-bu-tan-spills-the-beans-on-elon-musks-problem-solving-reveals-potentially-major-chip-supply-chain-shortage/

Yesterday β€” 19 June 2026Wccftech

ASML May Have Shipped Banned Machine To China Says US Government – Firm Denies Claim

19 June 2026 at 14:56

Semiconductor lithography machine in operation with purple laser beam, microchip wafer on platform, and visible Caution label.

US Commerce Secretary Howard Lutnick has repeatedly pressed ASML's management with concerns that the firm's advanced chip manufacturing machines have made it to China. The machines, which rely on extreme ultraviolet light to print circuits on a semiconductor wafer, have been targeted by the US government for being sold to China. However, according to Bloomberg, Secretary Lutnick has raised the issue in several meetings, leading to concerns that China might have made inroads into gaining the ability to make advanced chips. ASML Denies Any EUV Machines Have Made Their Way Into China ASML's EUV machines first caught the US government's […]

Read full article at https://wccftech.com/asml-has-shipped-banned-machines-to-china-says-us-government-firm-denies-claim/

SK Hynix’s Former CEO Returns to Intel After Years Away, Taking Charge as EVP of Foundry Business & Advanced Packaging Technologies

19 June 2026 at 02:10

SK Hynix's Former CEO Returns to Intel After Years Away, Taking Charge as EVP of Foundry Business & Advanced Packaging Technologies

Intel has hired Seok-Hee Lee as EVP of its Foundry's Advanced Packaging & Back-End Technology, bringing years of experience from SK Hynix, where he served as President and CEO. Intel Foundry Gets SK Hynix's Ex-CEO, Seok-Hee Lee, Bringing Years of Experience In The Advanced Packaging & Back-End Technology Segment Press Release: Intel Corporation today announced the appointment of Seok-Hee Lee as executive vice president of Intel Foundry, reporting directly to CEO Lip-Bu Tan. In this role, Lee will lead all advanced packaging, system integration, back-end technology development, and back-end manufacturing, strengthening Intel’s ability to deliver differentiated, system-level innovation for customers. […]

Read full article at https://wccftech.com/sk-hynix-former-ceo-returns-to-intel-taking-charge-as-evp-of-foundry-business-advanced-packaging-technologies/

Before yesterdayWccftech

Games Revenue Hit a Record $201.6 Billion in 2025 β€” But Developers Keep Getting Laid Off

18 June 2026 at 17:00

Three-panel image featuring characters from games Clair Obscur: Expedition 33, Battlefield 6, and MindsEye.

In the middle of the umpteenth round of layoffs and studio closures at game development companies, big and small alike, gaming market analytics firm Newzoo reports that the games market reached a new revenue record in 2025, at $201.6 billion, surpassing $200 billion for the first time in history. Global gaming revenue was up 9.1 percent year over year, with PC and mobile doing most of the heavy lifting while console grew more modestly. The PC platform shone brightest, posting its strongest annual growth in Newzoo's historical dataset, reaching 43.6 billion (+12%) thanks to a broad slate of premium titles […]

Read full article at https://wccftech.com/games-revenue-record-2025-layoffs/

Apple To Design & Build Chips At Intel on American Soil, US President Confirms

18 June 2026 at 15:55

Apple To Design & Build Chips At Intel on American Soil, US President Confirms

Intel's deal with Apple is now confirmed by the US President himself, with Chipzilla all set to build and design chips on American soil. Intel Will Design & Build Chips For Apple As US Moves Chip Making Back To American Soil Well, if it needed confirmation, the President of the United States, Donald J. Trump, has now confirmed that Apple has agreed to work with Intel. In this deal, Apple will leverage Intel tech to design and build its next-generation chips. The statement from Trump comes as part of the historic turnaround that Intel has achieved under the current US […]

Read full article at https://wccftech.com/apple-to-design-build-chips-at-intel-on-american-soil-us-president-confirms/

The World’s Top Cloud Providers Are Now Getting NVIDIA’s Vera Rubin NVL72, The World’s Fastest AI Platform

18 June 2026 at 03:00

A large, vertically standing, unbranded server rack filled with equipment is being installed by workers in a dimly lit data center.

The era of Vera Rubin is upon us, as not only NVIDIA's but the world's fastest AI platform is now being delivered to top cloud providers. Coreweave & Oracle Receive The World's First NVIDIA Vera Rubin NVL72 Systems For Validation, Bringing A Mammoth Leap To Agentic AI NVIDIA's Vera Rubin is in volume production, but the top AI cloud providers are already getting their hands on the first systems to test and validate. NVIDIA also sent out its first Vera CPUs to major AI firms last month. Oracle and Coreweave are among the first cloud providers to bring up NVIDIA's […]

Read full article at https://wccftech.com/worlds-top-cloud-providers-now-getting-worlds-fastest-ai-platform-nvidia-vera-rubin/

Lip-Bu Tan Nearly Walked Away From Semiconductors, But One Plea to β€˜Save Intel’ Pulled Him Back as CEO, Now Hiring Top CPU/GPU Architects

18 June 2026 at 02:16

A person in a suit stands on stage with a large semiconductor wafer image displayed behind them, and the word 'Welcome' visible on a screen.

Intel CEO, Lip-Bu Tan was about to retire from the semiconductor industry, but was asked to do one more thing: save Intel. Lip-Bu Tan was on the Intel Candidate List Back in 2021, But Made The Final Decision To Become CEO After Being Convninced By His Wife & Friends Ever since Lip-Bu Tan joined Intel as CEO, we have seen some radical changes in the structuring of the company. Lip-Bu has turned Intel around. Most of the groundwork was laid by Intel's former CEO, Pat Gelsinger, who set the company's Foundry plans and current product line, but Lip-Bu is creating […]

Read full article at https://wccftech.com/lip-bu-tan-was-asked-to-save-intel-before-he-retired-now-aims-for-success-by-hiring-top-gpu-cpu-architects/

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