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Intel, Amazon
Intel stock surges 14% on AI chip deal with Amazon
The two companies will co-invest in making "fabric chips" that will be built in a new factory under construction outside Columbus, Ohio.
Intel stock surges on plans to make AI chips for Amazon and to turn foundry into subsidiary
Shares of Intel are surging before the opening bell after the chipmaker said its foundry business would make some custom artificial intelligence chips for Amazon Web Services as it attempts to reinvigorate its business.
Intel to Make Custom AI Chip for Amazon, Delay German Plant
Intel Corp. Chief Executive Officer Pat Gelsinger has landed Amazon.com Inc.’s AWS as a customer for the company’s manufacturing business, potentially bringing work to new plants under construction in the US and boosting his efforts to turn around the embattled chipmaker.
1h
Intel Is Turning Its Foundry Business Into a Subsidiary. Time to Buy?
Yet its foundry business has shown potential for improvement. Intel will turn that business into a separate subsidiary, ...
RCR Wireless News
2h
Checking in on the Intel five nodes in four years plan
Under CEO Pat Gelsinger's watch, Intel is on track to deliver five process nodes in four year as all eyes are on its foundry ...
3h
Flapmax Expands Collaboration with Intel to Launch Quantum AI Challenge
Flapmax, in collaboration with Intel, today announced the launch of the Quantum AI Challenge, an initiative designed to ...
2d
Intel to spin off chip fab business unit as AWS signs up for custom AI chips
According to Gelsinger, spinning off Intel Foundry as a fully independent subsidiary will enable it to evaluate independent ...
The Tech Report
2d
Intel Shares Surge 6% Following Plans to Separate Its AI Chip Manufacturing Subsidiary
Intel
has disclosed plans to separate its
AI
chip manufacturing subsidiary,
Intel
foundry business, to function ...
10d
Intel Lunar Lake Processors Are Set To Shake-Up The AI PC Landscape
In the over two decades that I’ve been covering the PC space, I have rarely seen such confidence in a next gen product as ...
2d
Amazon's Leaner Structure and AI Chip Partnership with Intel Could Boost Growth: BofA Analyst
BofA Securities analyst Justin Post maintained a Buy rating on Amazon.Com Inc (NASDAQ:AMZN) with a price target of $210. The ...
Techno-Science.net
7h
Intel Lunar Lake vs Snapdragon X Elite: Battle of Efficiency and Performance
Compare Intel Lunar Lake vs Snapdragon X Elite in a showdown of efficiency and performance. See how they stack up in power, ...
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