As business leaders marvel at Nvidia’s rise, it’s worth remembering that another company—Intel—came tantalizingly close to being where Nvidia is now.
PRAGUE (Reuters) -U.S. chipmaker Onsemi will invest up to $2 billion to boost its semiconductor output in the Czech Republic, it said on Wednesday, expanding the company's European capacity as the European Union seeks self-sufficiency in critical supplies. The brownfield project would be the largest one-off direct foreign investment in the Czech Republic. Pending approval of state aid, Onsemi will expand its operations in the eastern town of Roznov pod Radhostem to house the full production chain for silicon carbide semiconductors including final chip modules used in the automotive and renewables sectors.
(Bloomberg) -- The year was 1999. Steve Jobs had recently returned to lead Apple. Intel was the dominant force in semiconductors. And a little-known chipmaker named Nvidia made its debut on the Nasdaq stock exchange.Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackCDK Tells Car Dealers Their Systems Likely Offline Several DaysPutin’s Hybrid War Opens a Second Front on NATO’s Eastern BorderUnited Airlines Jet Turns Back After Engine Piece Falls OffHedge Fund Talent