for the upcoming Nothing Phone 3. A recent leak seemed to show that the phone
Enter the (Glyph) Matrix.
Nothing is teasing a 'Glyph Matrix' wouldn't have Glyph lights, but it appears it will have this Matrix instead.
The company plans to share more details about the phone on July 1st.
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Forbes
an hour ago
- Forbes
The 2nm Race: Intel's 18A Faces Uphill Task Against TSMC
CANADA - 2025/05/26: In this photo illustration, the Intel Corporation logo is seen displayed on a ... More smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Intel (NASDAQ:INTC) has been fully committed to transforming itself into a global foundry leader, especially as the competition for next-generation 2-nanometer (nm) chips intensifies with its 18A process at the heart of its strategy. Over the last four years, the company has poured more than $90 billion into capital expenditures aimed at expanding its foundry operations and narrowing the gap with TSMC and Samsung. The stakes are considerable. The foundry segment suffered losses of nearly $13 billion last year, and Intel's shares have decreased by nearly 50% since their peak in 2024. So, how does Intel's new technology compare with that of its rivals? In the realm of chip manufacturing, 'nm' indicates the size of the process node in nanometers. Generally, smaller nodes allow for an increased number of transistors to be integrated into a designated area, leading to enhanced performance, improved energy efficiency, and the ability to accommodate more intricate designs. This is particularly crucial for high-performance applications such as AI, smartphones, and advanced server tasks. However, transitioning to smaller nodes is a costly and complicated endeavor. Initial yield rates are often lower, and the investment required to construct and equip fabrication facilities for such advanced production is substantial. Intel is optimistic that its new 18A process, which employs 1.8nm technology, is presently in risk production. Here, initial batches are utilized to evaluate and enhance the manufacturing process before mass production begins. Laptops utilizing 18A-based processors are already being sampled with original equipment manufacturers (OEMs). This process creates chips employing technologies like RibbonFET gate-all-around transistors and PowerVia backside power delivery. These innovations permit the creation of smaller transistors that enhance performance and energy efficiency. PowerVia could provide significant benefits for AI applications as well as high-performance computing tasks. The rollout of Intel's 18A is occurring just as its competitors are gaining momentum. TSMC, the leading player in the foundry market, commands over two-thirds of the overall foundry space and is expected to retain its lead in the 2nm generation by a considerable margin. TSMC plans to commence mass production of its 2nm process in the latter half of 2025 at its fabrication facilities in Taiwan. TSMC's 2nm process represents its first incorporation of gate-all-around (GAA) transistor architecture, which promises a 10% to 15% enhancement in performance and up to 30% reduction in power usage in comparison to its 3nm node. Furthermore, TSMC has demonstrated exceptional manufacturing prowess. As reported by the Taiwan Economic Daily, current yields for the 2nm process are at 60%, indicating that out of every 100 dies sliced from a silicon wafer, 60 meet quality control standards. That's a remarkable statistic. Some reports from March estimated that Intel was only achieving yields of between 20% to 30% on its 18A process, while Samsung was reportedly achieving 40% yields on its rivaling technology. TSMC's customer base is also extensive and loyal, featuring major clients like Apple and AMD that have already committed to utilizing its 2nm process. Even Intel is diversifying its strategy, engaging TSMC as an alternative source for some of its forthcoming Nova Lake desktop processors, anticipated in 2026. Counterpoint Research projects that TSMC may achieve full utilization of its 2nm capacity by the fourth quarter of 2025. Now, Intel asserts that the 18A process will provide improved performance and reduced power usage compared to TSMC's competing node. Nonetheless, TSMC's chips are likely to maintain an edge in terms of density and cost. Compounding Intel's difficulties, the company has experienced ongoing delays in introducing new nodes, and its 18A process has already witnessed some external clients withdraw after initial trial production, resulting in demand that fell short of expectations. Meanwhile, TSMC possesses the scale, ecosystem, and a broad array of loyal customers who are ready to embrace its 2nm technology, potentially complicating matters for Intel. Not only has Intel's stock performed poorly, but its annual returns have also been significantly more volatile than those of the S&P 500. The stock's returns were 6% in 2021, -47% in 2022, 95% in 2023, and -60% in 2024. In contrast, Trefis High Quality (HQ) Portfolio, which includes 30 stocks, shows much lower volatility. It has significantly outperformed the S&P 500 over the past 4 years. What accounts for this? As a collective, HQ Portfolio stocks have delivered better returns with reduced risk compared to the benchmark index; a more stable experience, as reflected in HQ Portfolio performance metrics.
Yahoo
an hour ago
- Yahoo
Contractors say data center demand still growing, despite bubble fears
This story was originally published on Construction Dive. To receive daily news and insights, subscribe to our free daily Construction Dive newsletter. Amid concerns of a data center slowdown or even a bubble, contractors on the ground are still buried in early-stage activity and navigating more project complexity than ever. Investment has poured into creating new massive data centers in 2025. The sector accounted for more than 70% of the increase in private nonresidential construction spending between March 2024 and March 2025. Meanwhile, planning on these projects has largely bolstered overall construction planning this year, according to Dodge Construction Network. But a recent pullback from some major tech players has raised concerns about whether the sector can continue this momentum. For example, Microsoft, one of the biggest backers of the data center construction boom, recently paused work on both its $1 billion data center in Ohio and its $3.3 billion campus in Mount Pleasant, Wisconsin, according to The Associated Press. A New York Times article recently posed the question of whether data centers are on the precipice of a bubble. Yet other tech giants and chipmakers continue to forecast strong demand for data infrastructure despite these signals. For example, Amazon unveiled plans to invest at least $20 billion on two data center facilities in Pennsylvania as recently as June 9. That kind of investment reflects broader momentum across the sector, said John Arcello, advanced technology core market co-leader at DPR, a Redwood City, California-based general contractor. Key factors such as power access, land availability and speed to market, all remain as competitive advantages for regions wooing these builds, added Brett Helm, general manager of the Southwest division at Graycor Construction, an Oakbrook Terrace, Illinois-based general contractor. 'Activity is very high. You see more and more contractors trying to get in the data center business,' said Helm. 'It's still very, very viable.' That sentiment holds across both major hubs and emerging data center markets, said Ike Keene, vice president of commercial at Caddell Construction, a Montgomery, Alabama-based general contractor. Primary hubs include northern Virginia, Atlanta, Chicago and Phoenix, according to a recent data center report from CBRE, a Dallas-based commercial real estate services firm. 'Our data center clients are continuing to move forward with new work,' said Keene. 'We have witnessed a steady growth mode in the data center hub locations, but are also seeing an uptick of new work in the secondary markets.' While experienced owners continue to build aggressively, a wave of new clients entering the space is changing early-stage work, said Chris Teddy, national director of mission critical at Kansas City, Missouri-based JE Dunn Construction. This influx has recently jammed preconstruction pipelines and placed further pressure on contractors, he added. 'Preconstruction is more bogged down than we've seen in a long time, as new players work to get a pulse on the market to understand what it truly takes,' said Teddy. 'As they move further upstream, it's created added strain on our preconstruction team as they try to help these newcomers understand how to tackle the market.' However, even with this strain, activity continues to boom. Teddy said power constraints are pushing developers into new geographic markets and prompting innovative infrastructure solutions, such as onsite generation or dedicated substations. 'The data center market continues to gain momentum, showing no signs of slowing down as demand reaches an all-time high,' said Teddy. 'The pace of development is only accelerating.' Other builders echoed that optimism, but pointed to a growing list of headwinds. For instance, long equipment lead times, power access issues and labor shortages are forcing more strategic planning across the board, said Arcello. 'The general sentiment in the data center construction industry right now is cautiously optimistic,' said Arcello. 'We're seeing strong growth driven by the rapid acceleration of AI and the insatiable demand for cloud computing.' Arcello said clients are now bringing in contractors earlier than ever to help evaluate site conditions, entitlement risks, energy procurement and utility interconnection timelines. 'We're seeing strong activity in the early planning stages. Preconstruction services and capabilities have become a true differentiator,' said Arcello. 'Early engagement is critical to stay on track.' That aligns with Keene's experience, who added the need for accurate cost forecasting has grown significantly. That's especially true as new tariffs add a fresh layer of volatility to material prices, said Keene. 'The newly adopted tariffs have become a new variable in cost control,' said Keene. 'We are adapting day by day for accurate current and future pricing structures to aid our clients in forecasting for the future.' To help stay ahead, contractors are turning to prefabrication more aggressively. On remote sites, Arcello said teams are increasingly building components offsite in labor-rich regions and transporting them to projects. That helps ease skilled trade constraints and minimize rework, he said. Meanwhile, procurement has become a battleground. Equipment such as transformers, switchgear and uninterruptible power supply systems can now carry lead times that exceed 60 weeks, and prices for copper, aluminum and specialty mechanical gear remain volatile. That's pushed contractors to lock in packages earlier, said Arcello. Yet, overall, the data center construction market seems only to have gained momentum in 2025, contractors say. 'There's no question that demand for data center construction is booming,' said Teddy. 'With so much activity, remaining diligent on procurement and preconstruction is more important than ever. Getting ahead of supply chain constraints and cost volatility can make all the difference.' 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Yahoo
2 hours ago
- Yahoo
Telegram boss to leave fortune to over 100 children he has fathered
The founder of instant messaging app Telegram, Pavel Durov, says the more than 100 children he has fathered will share his estimated $13.9bn (£10.3bn) fortune. "They are all my children and will all have the same rights! I don't want them to tear each other apart after my death," Mr Durov told French political magazine Le Point. Mr Durov claimed he is the "official father" of six children with three different partners, but the clinic "where I started donating sperm fifteen years ago to help a friend, told me that more than 100 babies had been conceived this way in 12 countries." He also reiterated that he denies any wrongdoing in connection with serious criminal charges he faces in France. The self-exiled Russian technology tycoon also told the magazine that his children would not have access to their inheritance for 30 years. "I want them to live like normal people, to build themselves up alone, to learn to trust themselves, to be able to create, not to be dependent on a bank account," he said. The 40-year-old said he had written a will now because his job "involves risks – defending freedoms earns you many enemies, including within powerful states". His app, Telegram, known for its focus on privacy and encrypted messaging, has more than a billion monthly active users. Mr Durov also addressed criminal charges he faces in France, where he was arrested last year after being accused of failing to properly moderate the app to reduce criminality. He has denied failing to cooperate with law enforcement over drug trafficking, child sexual abuse content and fraud. Telegram has previously denied having insufficient moderation. In the Le Point interview he described the charges as "totally absurd". "Just because criminals use our messaging service among many others doesn't make those who run it criminals," he added. Get our flagship newsletter with all the headlines you need to start the day. Sign up here.
