Intel’s CEO in chip shortage warning

The Chief Executive of Intel is predicting the shortage of semiconductors that’s hurting a range of industries including automotive will continue to get worse through the second half of the year before starting to improve. TTNews.com reports that Pat Gelsinger said in an interview, “I don’t expect the chip industry is back to a healthy […]

Intel confirms Moovit acquisition

Intel’s spent $900 million (approx £710 million) to buy the Mobility as a Service app Moovit. The app offers travellers around the world multimodal trip planning by combining public transport, bike and scooter services, ride-hailing, and car-sharing. Intel says adding Moovit to its business helps bring the company’s Mobileye subsidiary closer to achieving its plan […]

Intel buying Moovit to boost driverless division

It looks like global chip manufacturer Intel is about to spend a billion dollars buying the real-time public transport app Moovit. TechCrunch reports that all the signs are that it’s happening, and while Moovit’s not confirmed the deal is in the offing, it’s not denied it either. TechCrunch says its sources tell it that the […]