Science & Technology News

New $1B Intel Fund Set to Help Develop the Manufacturing Ecosystem

Intel announced a new $1 billion fund to support young companies and established companies developing disruptive technologies for the semiconductor contract manufacturing ecosystem. The fund, a joint venture of Intel Capital and Intel Foundry Services(IFS), will prioritize investments in capabilities that will accelerate customers' time to market, including intellectual property (IP), software tools, innovative chip architectures, and advanced packaging technologies. Intel also announced partnerships with several companies that have joined this fund, working in key areas such as creating modular chips on an open chiplet platform and supporting design approaches that span multiple instruction set architectures (ISAs), including x86, Arm and RISC-V.

A robust ecosystem is critical to bringing third party projects to life using IFS technologies. The new fund is expected to strengthen the ecosystem in three ways: equity investments in disruptive startups, strategic investments to accelerate partnership expansion, and ecosystem investments to develop disruptive opportunities that support IFS clients.

New $1B Intel Fund Set to Help Develop the Manufacturing Ecosystem