Intel CEO Bob Swan. Intel Capital is the venture capital arm of Intel. Photograph by Stuart Isett for Fortune Magazine, under Creative Commons license

Intel Capital, the investment arm of chip giant Intel, has announced new investment commitments totaling $132 million for 11 startups, mainly from the fields of artificial intelligence and chip design. The 11 startups are spread across the U.S., China, and Israel, most of them actually in the US. Listed alphabetically, they are;

1. Anodot, a Redwood City-based machine learning and analytics startup.
2. Astera Labs, a Santa Clara-based chip startup.
3. Axonne, a Sunnyvale-based stealth mode startup that’s working on network connectivity solutions for automobiles.
4. Hypersonix, a San Jose-based AI analytics startup.
5. KFBIO, a Chinese medical hardware startup.
6. Lilt, a San Francisco-based language translation startup.
7. MemVerge, a data center computing startup.
8. ProPlus Electronics, a Chinese electronic design startup.
9. Retrace, a healthcare-centric AI startup.
10. Spectrum Materials, a Chinese supplier of high-purity specialty gas and materials used to manufacture semiconductor fabs.
11. Xsight Labs, an Israeli cloud computing startup.

These investments fall under Intel Capital’s commitment to invest between $300 million and $500 million in technology companies this year. Last year, the venture capital arm collectively invested $466 million in 71 startups, 36 of those being new investments, and the remainder being follow-on investments. Also in 2019, Intel Capital saw 22 successful exits of its portfolio investments.

Most of Intel Capital’s investments lie in the fields of artificial intelligence, cybersecurity, silicon manufacturing, hardware, data analytics, and high-speed communications. Since its establishment way back in 1991, Intel has invested a collective $12.9 billion in north of 1,500 companies. Out of that number, 692 have had exits either by going public or getting acquired.

Intel Capital doesn’t just invest in companies but also helps to secure collaborations with Intel and other established tech companies for many of its investments. Intel Capital usually helps grow its portfolio investments by also providing business guidance. Such is the case that many of Intel Capital’s portfolio companies have had big exits or gone on to greater heights while still private. Notable among such include Sambanova Systems, Docusign, Kingsoft, Citrix Systems, Moovit, MySQL, VMware, Cloudera, and Broadcom.

Intel itself has paid big amounts to acquire some of its portfolio investments, two notable ones being Habana Labs and Moovit. Intel paid $2 billion to acquire Habana Labs last year and recently paid $900 million to acquire Moovit, an Israeli public transit startup.