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Intel, Amazon
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 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 and Amazon Web Services to co-invest in new chip designs
Intel has announced a planned co-investment with Amazon Web Services in custom chip designs .The partnership reaffirms Intel's commitment toconstructingits
1d
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, ...
3d
on MSN
Intel Gains After Landing Amazon Deal, Preparing Factory Split
Intel Corp. shares surged for the second straight day after the troubled chipmaker made a raft of announcements, spurring ...
4d
Intel, AWS to expand AI chipmaking partnership
Intel (INTC) and Amazon Web Services (AMZN) have announced a co-investment into a multi-year strategic collaboration to ...
3d
on MSN
Intel's Foundry Finally Has Some Good News. Has the Chipmaker Learned Its Lesson?
The Intel bulls have been a bit desperate for some good news to counter all the negativity for some time now. They recently ...
4d
on MSN
Intel unveils Amazon deal to produce custom AI chip; pauses Germany, Poland plants
Intel (NASDAQ:INTC) announced a series of moves aimed at shoring up its finances and its technological prowess on Monday, ...
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