Nvidia potential acquisition of Mellanox Technologies would be its biggest ever

As per a source Nvidia has outbid Intel Corp for Mellanox. The deal assumes strategic importance since it will reduce Nvidia’s dependency on the gaming industry for its revenues. As per a source familiar with the matter at hand, Nvidia Corp is close to acquiring Mellanox Technologies Ltd for more than $7 billion. The potential…

Intel to sink in $10.9 billion for new chip plant: Moshe Kahlon Israel’s finance minister

Intel is one of the biggest employers in Israel as well as one of its biggest exporters. Israel’s finance minister has stated, Intel Corp will sink in $10.9 billion (40 billion shekels) on a new chip plant factory in Israel, as part of its most recent multi-billion dollar investment in the country. “Intel’s global management…

Key stakeholders to attend meeting on quantum computing at White House

Given its wide ranging potential, Washington wants to develop and leverage the power of quantum computing which is currently in its infancy. On Monday, in efforts aimed at boosting efforts at quantum computing, the White House is set to hold a meeting with academic experts, U.S. government officials, and leading tech companies including Alphabet Inc,…