Intel Creates $1B Innovation Fund to Grow RISC-V Market (And Attract New Foundry Customers)
February 7, 2022
|By Holly Stump
Article, by Karl Freund in Forbes: “Intel Creates $1B Innovation Fund to Grow RISC-V Market (And Attract New Foundry Customers).”
- This announcement will have a long-lasting impact on the entire semiconductor industry.
- Intel must fabricate chips for its competitors to grow its foundry business, and is investing in the emerging RISC-V market as the catalyst.
- Esperanto Technologies is now an early Intel Foundry Services partner.
- Intel’s $1B IFS Innovation Fund will support early-stage startups and established companies building disruptive technologies for the foundry ecosystem. A large part of this will be to accelerate RISC-V.
- Intel also announced the IFS Accelerator.
