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- Chapter 11 bankruptcy
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Newchip's bankruptcy serves as a cautionary tale to founders
4 days ago — When Newchip, an online accelerator promising to help startups, filed for Chapter 11 bankruptcy in March 2023, it was revealed that the company had just $1.7 million in assets and $4.8 million in...
This Austin accelerator mad…
Newchip, an online accelerator promising to help startups, has filed for bankruptcy …
See results only from techcrunch.comThis Austin accelerator made big claims; employees and …
See more on techcrunch.comIt isn’t just employees who say they were burned by Newchip. Andrew Goei, founder of PitchPages, a pitch deck and fundraising software startup, said he wanted a refund a few months into the program after he felt he was not getting the promised services, specifically the investor intros. In an interview with TechCrunc…Austin startup accelerator Newchip collapses amid bankruptcy …
May 12, 2023 — The company, legally known as AstraLabs Inc., has been dealing with a Chapter 11 bankruptcy business reorganization case that started on March 17. On May 12, a …
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- Works For: Austin Business Journal
- Occupation: Editor, Austin Inno
Newchip Enters Into Bankruptcy Liquidation - SiliconHills
May 13, 2023 — The Austin-based company rebranded as Astralabs, doing business as Newchip and Newchip Accelerator, filed for Chapter 11 bankruptcy reorganization on March 17th, …
Intel used to dominate the U.S. chip industry. Now it's struggling …
Apr 26, 2024 — Intel, long the most valuable U.S. chipmaker, is now a fraction of the size of Nvidia by market cap, and smaller than Qualcomm, Broadcom, Texas Instruments, and AMD. Patrick …
The Rise and Fall of Newchip Accelerator - Medium
May 13, 2023 — Newchip rivaled Y-Combinator as one of the largest startup accelerators. But on May 11, it was ordered shut down by a bankruptcy judge amidst recriminations by the founder …
They thought they were joining an accelerator - TechCrunch
May 2, 2024 — When the now-defunct Austin accelerator Newchip filed for bankruptcy, founders learned that warrants into their startups were being sold off.
Nvidia’s CEO Says New Chip Will Have ‘Lots and Lots’ of Supply
5 days ago — Nvidia Corp. Chief Executive Officer Jensen Huang, addressing concerns about the company’s new Blackwell chips, said that supplies will be plentiful after manufacturing gains …
Intel discloses $7 billion operating loss for chip-making unit
Apr 3, 2024 — April 2 (Reuters) - Intel (INTC.O) on Tuesday disclosed deepening operating losses for its foundry business, a blow to the chipmaker as it tries to regain a technology lead it lost in …
Plans to Expand U.S. Chip Manufacturing Are ... - The New York …
Feb 19, 2024 — The CHIPS Act authorized grants and other incentives to boost U.S. chip production, plus tax credits for investments in factories and manufacturing equipment.
Major Chinese semiconductor company goes bankrupt - Tom's …
Jun 17, 2024 — China's semiconductor industry is facing a resurgence of unfinished projects as smaller companies go bankrupt, reports the China Times.
Intel's Comeback Is on Track Despite Massive Foundry Losses
May 15, 2024 — Intel gave up its once-untouchable manufacturing edge through chronic delays and missteps, enabling TSMC to pull ahead and TSMC customers like AMD to sell chips that …
China Warns Japan of Retaliation for Possible New Chip Curbs
1 day ago — China has threatened severe economic retaliation against Japan if Tokyo further restricts sales and servicing of chipmaking equipment to Chinese firms, complicating US-led …
Newchip accelerator goes bankrupt - this is how they tried
May 17, 2023 — Four days ago Newchip was ordered liquidated and shut down for good after filing for bankruptcy earlier. Many startups never got what was promised. The ones who joined …
Nvidia Stock Could Fall Due To Startup’s 20 Times Faster Chip
1 day ago — Cerebras says its cloud-based inference service can process tokens up to 20 times faster than services powered with Nvidia chips. Will Cerebras take Nvidia customers?
China warns Japan of retaliation over potential new chip curbs ...
1 day ago — China warns Japan of retaliation over potential new chip curbs, Bloomberg reports. (Reuters) -China has warned of severe economic retaliation against Japan if it further restricts …
Intel's Dow status under threat as struggling chipmaker's shares …
1 hour ago — Now, a slump in Intel's share price could cost the American chipmaker its place in the blue-chip index. Analysts and investors said Intel was likely to be removed from the Dow, …
A Cautionary Tale For China's Ambitious Chipmakers - NPR
Mar 25, 2021 — Wuhan Hongxin Semiconductor Manufacturing Co. was supposed to be one of China's most advanced chipmakers. Now it's bankrupt — a big flop at a time when the …
How is Intel’s $20B Ohio One Chip Plant: On Track or Derailed?
5 days ago — Here is updates on the Intel’s $20 Billion Ohio One chip plant project. Ohio One Chip Plant Project overview. Intel announced on January 21, 2022, that they have chosen the …
Intel can’t even grow profits during a global chip shortage – where …
Jan 28, 2022 — Intel was the world’s largest chipmaker until 2021, when it was dethroned by Samsung. Though Samsung’s main business is memory chips, which is a different segment of …
Ex-election workers want Rudy Giuliani’s apartment, Yankees …
4 days ago — Two former Georgia election workers who won a $148 million defamation judgment against Rudy Giuliani are asking a court to award them the cash-strapped former New York …
Chinese chip start-up Xiangdixian said to collapse amid cash …
2 days ago — Chinese semiconductor start-up Xiangdixian Computing Technology has reportedly collapsed amid a cash crunch and dismissed all employees, highlighting difficulties faced by …
Belgian semiconductor makers declared bankrupt, over 400 jobs …
Jul 31, 2024 — The producer of semiconductors, BelGaN, has filed for bankruptcy, with 440 people working at the company now faced with losing their jobs at the headquarters in …
Blue Harvest files for bankruptcy, appears headed for liquidation
Sep 12, 2023 — Blue Harvest Fisheries, a private equity-backed venture that launched in 2015 at New Bedford and grew to become the largest groundfish permit owner on the East Coast, has …
Did Trump Just Admit He Tried to Overthrow the 2020 Election?
2 hours ago — Donald Trump insisted he had “every right” to interfere with the election results. Chip Somodevilla/Getty Images
Elon Musk is putting his AI chips to work — and he's catching up …
2 hours ago — Elon Musk just put a whole bunch of Nvidia chips to work. He said on Monday his company, xAI, brought its AI training cluster, Colossus, online. Built with Nvidia's H100 GPUs, …
RFK Jr. Scrambles to Save His Pro-Trump Plan in Swing States
1 hour ago — Robert F. Kennedy Jr. is struggling to execute his spoiler plan. It seems that Robert F. Kennedy Jr.’s pro-Donald Trump spoiler campaign isn’t going too well. The failed …
Ian Gillan: the story of his post-Deep Purple solo career | Louder
2 days ago — “We had collapsed financially – I couldn’t pay the wages. I was on the verge of bankruptcy”: The chaotic story of Ian Gillan’s erratically brilliant solo career By Geoff Barton ( …
Money blog: Major bank to let first-time buyers borrow up to 5.5 …
1 day ago — A major lender has announced it will allow first-time buyers to borrow up to five-and-a-half times their income in a bid to help more people onto the property ladder. Lloyds says it …
Intel Likely To Sell Altera, Freeze The Construction Of Its $30 …
1 day ago — Intel Likely To Sell Altera, Freeze The Construction Of Its $30 Billion German Factory, But Retain The Chip Manufacturing Business, As Per The Latest Tidbits Ahead Of A Critical …
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