Wednesday, October 26, 2022

Meta reports drop in revenue and profits as CAPEX soars

Meta reported a drop in Q3 revenue and profitability along with rapidly rising capital expediture costs as it invests in infrastructure and metaverse development.

Third Quarter 2022 Operational Highlights

  • Family daily active people (DAP) – DAP was 2.93 billion on average for September 2022, an increase of 4% year-over-year.
  • Family monthly active people (MAP) – MAP was 3.71 billion as of September 30, 2022, an increase of 4% year-over-year.
  • Facebook daily active users (DAUs) – DAUs were 1.98 billion on average for September 2022, an increase of 3% year-over-year.
  • Facebook monthly active users (MAUs) – MAUs were 2.96 billion as of September 30, 2022, an increase of 2% year-over-year.
  • Ad impressions and price per ad – In the third quarter of 2022, ad impressions delivered across our Family of Apps increased by 17% year-over-year and the average price per ad decreased by 18% year-over-year. 
  • Revenue – Revenue was $27.71 billion, a decrease of 4% year-over-year, and an increase of 2% year-over-year on a constant currency basis. Had foreign exchange rates remained constant with the third quarter of 2021, revenue would have been $1.79 billion higher.
  • Costs and expenses – Total costs and expenses were $22.05 billion, an increase of 19% year-over-year. This includes an impairment loss of $413 million for certain operating leases as part of ongoing work to align office facilities footprint with our anticipated operating needs. 
  • Capital expenditures – Capital expenditures, including principal payments on finance leases, were $9.52 billion for the third quarter of 2022.
  • Share repurchases – $6.55 billion of Class A common stock in the third quarter of 2022. As of September 30, 2022, Meta had $17.78 billion available and authorized for repurchases.
  • Headcount – Headcount was 87,314 as of September 30, 2022, an increase of 28% year-over-year.




NTT inaugurates data center in Johannesburg

NTT Ltd. opened its latest data center in Johannesburg, South Africa. 

Johannesburg 1 Data Center is part of NTT’s expansion into the African continent with a capacity of 12MW covering 6,000m² of IT space once fully built out. The technical infrastructure is supported by N+1 uninterruptible power supply systems (UPS), N+1 generator backup, and highly redundant cooling systems. This will provide clients with dedicated sustainable infrastructure, operational control and the design flexibility required to support their high-performance needs.

The facility will cater to hyperscalers and enterprises, providing them with an opportunity to use NTT’s full ICT stack of services, including managed hybrid cloud, network management, collaboration, security, and application monitoring.

The new facility uses a closed-loop chilled water system with air-cooled chillers, meaning that the water running through the cooling systems isn’t evaporated. This reduces the threat of potential drought water restrictions and allows the data center to achieve low power usage effectiveness (PUE) and water usage effectiveness (WUE).

“We’re incredibly proud to be investing in Johannesburg and extending our global data center footprint to South Africa. The country forms a significant part of NTT’s growth strategy as we continue to support Africa’s digital transformation. The opening of Johannesburg 1 will contribute towards the economic growth and social development of the region, as our clients shape the country of tomorrow,” said Florian Winkler, CEO, Global Data Centers EMEA, NTT Ltd.



Fujikura develops high-performance heat pipe for data center cooling

Fujikura introduced a high performance heat pipe for data center cooling that doubles the maximum heat transfer capacity compared with our conventional products.

A heat pipe is an evacuated and sealed container charged with a small quantity of working fluid. Without the assistance of any external force, a heat pipe can transfer heat from one end to other by the repeated action of vaporization and condensation. A new wick structure was developed to enhance the performance of traditional heat pipe. Maximum heat transfer capacity of the new heat pipe (original diameter 8mm and flattening thickness 4mm) reached to 100[W] compared to that of the conventional types 55[W].




OIF appoints Board of Directors

 OIF announced its newly elected Board of Directors and Officers. T

Board of Directors: 

  • Ian Betty, Ciena, was elected to the Board (two-year term)
  • Jeff Hutchins, Ranovus, was re-elected to the Board (one-year term) and continues as Physical & Link Layer Working Group – Co-Packaging Vice Chair
  • Mike Li, Intel, was elected to the Board (one-year term)
  • Cathy Liu, Broadcom Inc., was re-elected to the Board (two-year term) and continues as President
  • Gary Nicholl, Cisco, was re-elected to the Board (two-year term) and continues as Secretary/Treasurer; and as Physical & Link Layer Working Group – Management Co-Vice Chair

Continuing in their positions are:

  • Dave Brown, Nokia, continues to serve as Director of Communications
  • Mark Filer, Google, continues to serve on the Board as Vice President
  • Jeffery Maki, Juniper Networks, continues to serve as a board member; and as Physical Layer User Group Working Group Chair

Officers: 

  • Karl Bois, Nvidia, was re-elected as Technical Committee Vice Chair
  • Lyndon Ong, Ciena, was re-elected as Market Awareness & Education Committee Co-Chair, Networking
  • Klaus-Holger Otto, Nokia, was re-elected as Technical Committee Chair
  • Nathan Tracy, TE Connectivity, was elected Market Awareness & Education Committee Co-Chair, Physical & Link Layer Working Group

“As a member-driven organization, the Board and Officers are critical to furthering OIF’s mission to drive innovation and interoperability in today’s market,” said Cathy Liu, President of OIF. “We congratulate our new and returning members serving on the Board of Directors and Officers and thank them for their continued commitment to OIF.”

https://www.oiforum.com

China's State Grid Corp extends optical transport contract with Nokia

China State Grid Corp. (SGCC), which is the world’s largest power utility, will deploy Nokia’s optical technology across Hubei, Hunan and Jiangxi provinces, creating a world-class OTN backbone with the capacity, operational efficiency and intelligence required to support the Chinese power grid and provide highly-reliable service to its broad customer base.

SGCC supplies electrical power to more than 1.1 billion people across 26 provinces, covering 88% of Chinese national territory. The contract extends an existing relationship with Nokia.

The network is based Nokia’s family of 1830 Photonic Service Switch-x (PSS-x) P-OTN.

https://www.nokia.com/about-us/news/releases/2022/10/26/nokia-optical-transport-selected-by-state-grid-corporation-of-china-bringing-massive-scale-security-and-agility-to-nations-power-grid/

Aliro introduces end-to-end entanglement-based Quantum Network

Aliro Quantum, a quantum networking start-up that spun out of NarangLab at Harvard University, introduced its end-to-end entanglement-based Quantum Network solution. 

AliroNet is hardware vendor agnostic and is licensed in three modes of operation. These three modes of operation align with the genuine quantum network rollout stages. Each mode of operation includes Aliro technical support services with the option to purchase additional services if necessary. AliroNet™ is delivered as a service and includes Aliro Simulator, Aliro Orchestrator, Aliro Controller, and AlirOS™.

The company says its unified solution can be used to emulate entanglement-based quantum networks, implement small scale pilots, and deploy full-scale universal entanglement-based quantum networks.

"Aliro is building quantum networks and creating a foundation for the Quantum Internet," said Jim Ricotta, CEO and Chairman of Aliro Quantum. "The introduction of AliroNet will accelerate our successful collaboration with commercial and government entities to enable the simulation, design, and implementation of multipurpose Quantum Networks."

https://www.aliroquantum.com/company

NETGEAR's Q3 sales drop 14% yoy to $249.6 million

NETGEAR reported Q3 2022 net revenue of $249.6 million, a decrease of 14.0% from the comparable prior year quarter. Third quarter 2022 GAAP net income per diluted share of $0.10, as compared to $0.31 in the comparable prior year quarter.

Patrick Lo, Chairman and Chief Executive Officer of NETGEAR, commented, “In the third quarter, we achieved revenue in the upper half of our guidance range, enabled by continued strong demand for our high-end WiFi mesh, 5G mobile hotspots, and ProAV managed switches. We delivered record revenue in the SMB business despite continued supply challenges throughout the quarter and experienced year over year growth in end user demand for our super premium WiFi mesh systems and 5G mobile hotspots. The overall market for super premium WiFi mesh, led by us, continues to grow year over year while the rest of the WiFi market contracted double digits, a strong validation of our CHP product strategy. We came in below guidance on operating margin due to supply constraints, primarily on our SMB and premium CHP products, which resulted in a missed opportunity to further improve our product revenue mix overall.”


https://investor.netgear.com/financials/quarterly-results/default.aspx

Ribbon sees strength in IP Optical Networks sales

Ribbon Communications reported Q3 revenue of $207 million, compared to $210 million for the third quarter of 2021 and $206 million for the second quarter of 2022. Product and service bookings-to-revenue was 1.28x in the third quarter of 2022, with IP Optical Networks at 1.45x.

"I am excited to share the significant progress we have made this quarter towards improving the fundamentals of our IP Optical Networks business. In many ways this was a record quarter, with revenue plus bookings for the IP Optical Networks segment handily exceeding previous levels," noted Bruce McClelland, President and Chief Executive Officer of Ribbon Communications. "This resulted in a significant improvement in gross margin and a major step toward profitability for the segment. We also received a significant validation of our IP Routing strategy with a major new 5G Cell Site Router win in India this quarter."  

McClelland continued, "Overall results for the quarter were impacted by the timing of several U.S. Federal Cloud & Edge deals and delays of several shipments the last few days of the quarter. We continue to anticipate a sequentially stronger fourth quarter in both of our businesses supported by increased backlog entering the quarter, although we are taking a more cautious approach and have reduced our growth expectations given the macro-operating environment.

Customer and Company Highlights

  • Awarded 5G Cell Site Router deal with top tier mobile carrier in India
  • Appointed Scott Mair, former President, AT&T Networks Engineering and Operations, to Ribbon Board of Directors
  • Verizon and AT&T were greater than 10% customers in the third quarter
  • Ribbon selected by Electricity Transmission Operator MEPSO for Network Modernization project
  • Paritel selected Ribbon to comply with French government mandate to combat Robocall, Fraud and Call Spoofing
  • Ribbon launched Microsoft Teams Enablement Bundle with Poly and TD SYNNEX
  • Ribbon SBC received certification supporting Google Voice SIP interoperability

Indonesia's Moratelindo upgrades optical transport with Nokia

Moratelindo, which is one of the largest private telecommunications infrastructure and network providers in Indonesia, has deployed Nokia's optical transport solution to boost the network capacity in Jakarta and Java island. 

Nokia's solution also includes the 1830 Photonic Service Switch (PSS) to help Moratelindo maximize the reach and capacity of the transport network. 

Michael McPhail, Chief Technology Officer at PT. Mora Telematika Indonesia, said: "Nokia is a global leader in optical transport technology and its PSE-V solution will allow us to cost-efficiently and sustainably upgrade our optical backbone. The modernization of the optical network will enable us to increase capacity per module while bringing down the cost. This crucial upgrade will further deepen our engagement with Nokia and allow us to maintain our competitive edge by further improving network performance.” 

Tuesday, October 25, 2022

Microsoft: Lower margins for Azure primarily due to energy costs

 Microsoft reported Q3 revenue of $50.1 billion up 11% (up 16% in constant currency) compared to last year. Net income was $17.6 billion, a drop of 14% (down 8% in constant currency).

“In a world facing increasing headwinds, digital technology is the ultimate tailwind,” said Satya Nadella, chairman and chief executive officer of Microsoft. “In this environment, we’re focused on helping our customers do more with less, while investing in secular growth areas and managing our cost structure in a disciplined way."

 “This quarter Microsoft Cloud revenue was $25.7 billion, up 24% (up 31% in constant currency) year-over-year. We continue to see healthy demand across our commercial businesses including another quarter of solid bookings as we deliver compelling value for customers,” said Amy Hood, executive vice president and chief financial officer of Microsoft. 

Highlights

  • Revenue in Productivity and Business Processes was $16.5 billion and increased 9% (up 15% in constant currency), with the following business highlights:
  • Office Commercial products and cloud services revenue increased 7% (up 13% in constant currency) driven by Office 365 Commercial revenue growth of 11% (up 17% in constant currency)
  • Office Consumer products and cloud services revenue increased 7% (up 11% in constant currency) and Microsoft 365 Consumer subscribers grew to 61.3 million
  • LinkedIn revenue increased 17% (up 21% in constant currency)
  • Dynamics products and cloud services revenue increased 15% (up 22% in constant currency) driven by Dynamics 365 revenue growth of 24% (up 32% in constant currency)

Revenue in Intelligent Cloud was $20.3 billion and increased 20% (up 26% in constant currency), with the following business highlights:

  • Server products and cloud services revenue increased 22% (up 28% in constant currency) driven by Azure and other cloud services revenue growth of 35% (up 42% in constant currency)

Revenue in More Personal Computing was $13.3 billion and decreased slightly (up 3% in constant currency), with the following business highlights:

  • Windows OEM revenue decreased 15%
  • Windows Commercial products and cloud services revenue increased 8% (up 15% in constant currency)
  • Xbox content and services revenue decreased 3% (up 1% in constant currency)
  • Search and news advertising revenue excluding traffic acquisition costs increased 16% (up 21% in constant currency)
  • Devices revenue increased 2% (up 8% in constant currency)


Google Cloud hits Q3 revenue of $6.9b, loss of $499m

For the third quarter, Alphabet reported consolidated revenues of $69.1 billion, up 6% or up 11% in constant currency. The total cost of revenues was $31.2 billion, up 13%, primarily driven by other cost of revenues, which was $19.3 billion, up 20%. The biggest cost factor was data centers and other operations, followed by hardware costs.

In its Q3 financial results, Google Cloud saw continued momentum with Q3 revenue of $6.9 billion, compared with $5.0 billion a year earlier. Google Cloud had an operating loss of $699 million. 

"The long-term trends that are driving cloud adoption continue to play an even stronger role during uncertain macroeconomic times."

The company also cited continue momentum for Google Cloud in terms of new features, with more than 100 new products and expanded relationships with Toyota, Prudential plc, Coinbase and AppLovin.

In terms of CAPEX, Google continues to make significant investments in technical infrastructure with servers as the largest component.

https://abc.xyz/investor/static/pdf/2022Q3_alphabet_earnings_release.pdf?cache=4156e7f


Juniper's Q3 sales rise 19% yoy, strong 400G momentum

Juniper Networks reported Q3 2022 net revenues of $1,414.6 million, an increase of 19% year-over-year and an increase of 11% sequentially. Non-GAAP net income was $190.8 million, an increase of 26% year-over-year, and an increase of 40% sequentially, resulting in non-GAAP diluted net income per share of $0.58.

“We delivered record revenue results during the September quarter. Product sales grew 25% year-over-year and we saw double-digit year-over-year growth across all customer verticals and all customer solutions,” said Juniper’s CEO, Rami Rahim. “Our teams are executing extremely well. Based on our current demand, our strong backlog and the actions we’ve taken to procure more supply, we expect to deliver continued revenue strength in Q4, and sustained growth in 2023 and beyond.”


https://www.juniper.net/

TIP forms Open Fixed Access Networks group

The Telecom Infra Project (TIP) Fixed Broadband Project Group has established an Open Fixed Access Networks sub-group to collaboration between major industry players including  Telefonica, TIM and Vodafone.

The new Open Fixed Access Networks sub-group will focus on improving interoperability and diversity in the access network, accelerating innovation through modernisation of operations and deployment architectures, and boosting capacity in the last mile through transition from GPON to XGS-PON.

The group have already released the Open Fixed Access Networks Use Case Document, which describes:

  • The objectives and motivations for this new area of work
  • The most common deployment models adopted by operators today
  • The core characteristics of solutions that can be deployed to address these objectives

Bruno Cornaglia, Fixed Access Senior Manager at Vodafone said: “In Vodafone, we see that openness and disaggregation are key principles that allow us to build the flexible and agile network we need to support our evolving customer needs. Our work in this area complements similar work elsewhere in the network, for example with OOPT and OpenRAN, and we’re excited that this project will help realize these same benefits in the fixed access network.”

https://telecominfraproject.com/major-operators-collaborate-through-the-telecom-infra-project-to-define-a-new-approach-to-building-open-and-disaggregated-fixed-access-networks/

Padtec offers remote management of telecom sites

Padtec introduced Smart Site, a new cloud-based service for the remote and real-time management of network environments (sites) of operators and internet providers (ISPs) distributed throughout the different regions of Brazil. Padtec plans to expand the offering worldwide.

The Smart Site platform has features that centralize the service provider’s operation, allowing complete management of their sites, wherever they are – telemetry data are read by sensors and commands are sent remotely to installed actuators on each monitored site. An important differential of Padtec’s new service is the possibility of using systems (software) and equipment already installed in customers’ environments, without the need for new investments.

For a monthly fee, the operator or provider can remotely monitor and control security systems – with presence sensors, cameras and access control – and energy, temperature and humidity (internal and external) and also operate the air conditioning systems of their sites. All this in a single web environment, which also brings, among other features, the map service with the location of all monitored sites.

“With this service, Padtec starts to offer its customers a complete and effective tool to deal with the complexities inherent to the management of network environments, minimizing the risks of continuity of critical operations”, explains Carlos Raimar, Padtec’s CEO. “Remote management, through automation resources and functionalities that simplify the monitoring and control routine of distributed sites, often in very distant regions, brings efficiency and productivity gains”, he adds.

padtec-introduces-smart-site-a-platform-for-remote-management-of-telecom-sites

FiBrasil partners with Padtec on Network Operations Center

FiBrasil, a Brazilian operator of neutral networks, has formed a partnership with Padtec focused on managing the operation of its communication networks in Brazil. The services include monitoring and technical support through Padtec’s Network Operations Center (NOC).Located at its headquarters in Campinas, in the interior of São Paulo, Padtec’s NOC offers remote network monitoring and support services, available 24 hours a day, 7 days a week. Services...


Vodafone to test Samsung's Open RAN equipment

Vodafone plans to conduct a commercial pilot of 5G Open Radio Access Network (RAN) at mobile sites across two rural areas in Germany – its largest European market – starting in early 2023. This follow successful field tests earlier this year in Plauen, Germany.

Vodafone’s Open RAN pilot, using software and radio equipment from Samsung, will take place in the German states of South East Bavaria and North East Lower Saxony and marks the beginning of a wider roll-out within Germany over the next two to three years. It is a key stage in Vodafone’s plan to equip 30 per cent of all its European sites with Open RAN by 2030.

Vodafone notes that it will be testing Open RAN technology based on specs from the Open RAN MoU group. These specifications define an architecture for the use of secure, open and interoperable multi-vendor equipment and have been adopted by industry-body Telecom Infra Project (TIP) as the blueprint of choice for building Open RAN at scale in Europe.

Santiago Tenorio, Director of Network Architecture for Vodafone, said: “This will be the first Open RAN system in Germany that not only uses open interfaces but is built on both hardware and software from multiple vendors that is fully interchangeable and interoperable based on the choice of the operator. It brings timely resilience to the supply chain, allowing us to work with a greater number and more diverse pool of suppliers. Greater competition also encourages innovation, leading to a better mobile experience for our customers.”

https://www.vodafone.com/news/technology/open-ran-commercial-pilot-germany

MaxLinear posts Q3 sales of $286m, up 24% yoy

 MaxLinear reported Q3 net revenue of $285.7 million, up 2% sequentially and up 24% year-over-year. GAAP gross margin was 58.6%, compared to 58.7% in the prior quarter, and 56.5% in the year-ago quarter. Non-GAAP income from operations was 34% of revenue, compared to 32% in the prior quarter, and 29% in the year-ago quarter. Non-GAAP diluted earnings per share was $1.05, compared to diluted earnings per share of $1.11 in the prior quarter, and diluted earnings per share of $0.75 in the year-ago quarter.

“In the third quarter, we demonstrated strong execution with revenue up 2% sequentially and up 24% year-over-year. In particular, both Wi-Fi and ethernet delivered substantial sequential and year-over-year growth, while gateway access and wireless infrastructure contributed to solid year-over-year growth. Our connectivity category more than doubled year-over-year, driven by our differentiated Wi-Fi6 feature set, and we continue to be on a firm trajectory to deliver at least $200 million of Wi-Fi revenue in 2023. Our quarterly results included strong cash flow from operations of approximately $62 million and non-GAAP gross margin of 62.0%. We are looking forward to our pending merger with Silicon Motion, and are excited for the future growth opportunities of our comprehensive product portfolio,” commented Kishore Seendripu, Ph.D., Chairman and CEO.

DustPhotonics and MaxLinear demo silicon photonics + integrated lasers

DustPhotonics and MaxLinear demonstrated a silicon photonics chipset with integrated lasers directly driven from a DSP without the use of any external driver chip.The MaxLinear Keystone DSP (Digital Signal Processor) and DustPhotonics Carmel Silicon Photonics chip were shown together to support direct-drive operation, which reduces the overall cost and power dissipation of optical transceivers for data communication. Potential applications include...

MaxLinear to acquire Silicon Motion for NAND flash controllers

MaxLinear agreed to acquire Silicon Motion in a cash and stock transaction that values the combined company at $8 billion in enterprise value.Silicon Motion, which was founded in 1997 in Taipei, Taiwan, specializes in NAND flash controller integrated circuits for solid-state storage devices. The company claims that more NAND flash components, including current and up-coming generations of 3D flash produced by Intel, Kioxia, Micron, Samsung, SK Hynix,...


Google Cloud region opens in Tel-Aviv

Google Cloud region in in Tel Aviv (me-west1) is open.   

Last year, Google Cloud was selected by the Israeli government to provide cloud services to government ministries.


https://cloud.google.com/blog/products/infrastructure/new-google-cloud-region-in-israel-is-now-open

Rambus delivers PCIe 6.0 subsystem supporting CXL

Rambus released its PCI Express (PCIe) 6.0 Interface Subsystem comprised of PHY and controller IP. 

The Rambus PCIe 6.0 Interface Subsystem delivers data rates of up to 64 Gigatransfers per second (GT/s) and has been fully optimized to meet the needs of advanced heterogenous computing architectures. Within the subsystem, the PCIe controller features an Integrity and Data Encryption (IDE) engine dedicated to protecting the PCIe links and the valuable data transferred over them. On the PHY side, full support for CXL 3.0 is available to enable chip-level solutions for cache-coherent memory sharing, expansion and pooling.

Key features of the Rambus PCIe 6.0 Interface Subsystem include:

  • Supports PCIe 6.0 specification including 64 GT/s data rate and PAM4 signaling
  • Implements low-latency Forward Error Correction (FEC) for link robustness
  • Supports fixed-sized FLITs that enable high-bandwidth efficiency
  • Backward compatible to PCIe 5.0, 4.0 and 3.0/3.1
  • State-of-the-art security with an IDE engine (controller)
  • Supports CXL 3.0 for new use models that optimize memory resources (PHY)

“The rapid advancement of AI/ML and data-intensive workloads is driving the continued evolution of data center architectures requiring ever higher levels of performance,” said Scott Houghton, general manager of Interface IP at Rambus. “The Rambus PCIe 6.0 Interface Subsystem supports the performance requirements of next-generation data centers with premier latency, power, area and security.”


Virgin Australia picks Intelsat for Inflight Wi-Fi

Intelsat has been selected to provide high-speed in-flight Wi-Fi to Virgin Australia’s fleet of existing 737NG aircraft and future-delivery 737MAX aircraft.

The 2Ku antennas that facilitate the IFC system will be installed gradually over 18 months on more than half of the airline’s fleet starting mid-December 2023.

The service will be complimentary for the airline’s Business Class guests and Beyond and Velocity Platinum members. For all other guests, Wi-Fi access will be available for a nominal fee.

“We’re going to deliver a streaming-quality, always-on, reliable inflight internet product onboard Virginia Australia’s fleet of 737 aircraft,” said Dave Bijur, SVP of Intelsat Commercial Aviation. “We’re adding 737MAX aircraft for the first time with Virgin Australia, and they’ve made a technology decision that expands our relationship and will delight their guests.”


Monday, October 24, 2022

Intel Foundry Services forms USMAG Alliance

Intel Foundry Services (IFS) announced a new United States Military, Aerospace and Government( USMAG) Alliance to bring together a trusted design ecosystem with U.S.-based manufacturing to enable assured chip design and production on advanced process technologies and meet the stringent design and production requirements of national security applications. 

The program’s initial members include leading companies like Cadence, Synopsys, Siemens EDA, Intrinsix and Trusted Semiconductor Solutions.

Through the USMAG Alliance, IFS will collaborate with members to enable their readiness to support MAG designs on leading-edge technology nodes. The alliance will ensure that EDA members’ tools are optimized to deliver secure design methodologies and flows and enabled to operate in secure design environments, while meeting the requirements of IFS’ process design kits (PDK). IFS will also work with IP-provider members to deliver design IP blocks that serve MAG specifications for quality and reliability. Finally, IFS will enable the members who provide design services to implement USMAG design projects using IFS reference flows and methodologies. The USMAG Alliance will provide an assured and scalable path for customers to deploy designs that fully achieve the unique requirements of MAG applications.

“Semiconductors enable technologies critical to U.S. national security and economic and global competitiveness. Intel is committed to restoring end-to-end U.S. chipmaking leadership through major investments in both R&D and scale manufacturing here in the United States. As the only U.S.-based foundry with leading-edge process capabilities, IFS is uniquely positioned to lead this effort and galvanize the ecosystem to build a more resilient and secure supply chain for U.S. military, aerospace and government customers,” stated Randhir Thakur, president of Intel Foundry Services.

The new USMAG Alliance builds on IFS’ leadership role in the U.S. Department of Defense Rapid Assured Microelectronics Prototypes - Commercial (RAMP-C) program. The RAMP-C program facilitates the use of a U.S.-based commercial semiconductor foundry ecosystem to fabricate the assured leading-edge custom and integrated circuits and commercial products required for critical Department of Defense systems.

https://www.intc.com/news-events/press-releases/detail/1585/intel-foundry-services-forms-alliance-to-enable-national