Intel today announced the creation of a $1 billion fund to support the development of startups and established companies “Breakthrough Technologies for the Semiconductor Manufacturing Ecosystem”. This fund will prioritize investments in intellectual property, software tools, innovative chip architectures and advanced chip packaging technologies.
Intel also announced partnerships with several companies that have joined this fund and are focused on strategic shifts in the industry such as: B. Building modular products with an open chip platform and a design approach using multiple Instruction Set Architectures (ISAs), including x86, ARM and RISC .-V.
As a key element of its IDM 2.0 strategy, Intel launched Intel Foundry Services (IFS), its chip manufacturing business, last year. A robust ecosystem is essential to help IFS clients bring their projects to life. The new fund aims to strengthen this ecosystem through equity investments in disruptive startups, strategic investments to accelerate partnership growth and ecosystem investments to develop cutting-edge capabilities for IFS clients.
Also on Monday, IFS announced the formation of the Accelerator Alliance, which includes partnerships with chip designers. It already includes 17 companies. Intel will provide alliance members with access to its chipmaking designs and tooling.
Recall that last year Intel announced its intention to invest $20 billion in chip design and manufacturing to follow the example of other semiconductor companies trying to overcome the current semiconductor shortage.