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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.
Did Amazon Just Save Intel Stock?
At current prices, it is hard to value Intel stock. The company is going through a heavy investment cycle and is currently unprofitable. It trades at a market cap of $88.6 billion, which looks cheap compared to its historical cash-flow generation of over $10 billion per year before its competitive struggles.
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 reinvig
3d
You’ll Wish You Hadn't Ignored Intel Stock
Intel will produce the specialized "AI fabric chip" for Amazon, using its 18A manufacturing process, which is the company’s ...
4d
on MSN
Intel Stock Jumps on Foundry Deal With Amazon
Intel's reported grant to make chips for the Pentagon could be a vote of confidence in the chip maker from the U.S.
3d
Intel Drops A Foundry Bombshell: It's Time To Buy
Intel's design win with Amazon and plans to spin off its foundry division show promise for investors. Click here to read my ...
4d
Intel stock pops on plan for its foundry business to make custom chip for Amazon
As part of the collaboration, the chipmaker will produce an AI fabric chip for AWS on Intel 18A, its most advanced process ...
3d
What's Going On With Intel Stock On Tuesday?
Intel Corp (NASDAQ:INTC) stock maintained upward momentum on Tuesday, a day after CEO Pat Gelsinger clarified its ...
3d
Intel Stock: Finally At The Right Price
Intel stock has surged recently due to positive developments, including an expanded partnership with Amazon AWS. See more on ...
3d
Intel (INTC) Stock Trades Up, Here Is Why
Shares of computer processor maker Intel (NASDAQ:INTC) jumped 11.4% in the pre-market session after the company announced a ...
2d
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 ...
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