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Intel, Amazon
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.
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 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
EconoTimes
2d
Intel's Amazon Partnership Fails to Impress Wall Street, Analysts Remain Cautious on Foundry Spinoff
Intels recent announcement of a multi-billion-dollar Amazon partnership sparked an 8% jump in its share price. However, major ...
2h
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, ...
Network World
1d
Intel strikes foundry deal with AWS
We have tripled our deal pipeline since the beginning of the year,” CEO Pat Gelsinger said of Intel Foundry’s business in a ...
2d
Retail sales report shows consumers are still spending; Intel strikes AI deal with Amazon
Average paychecks, particularly for lower-income Americans, have also risen sharply since the pandemic, which has allowed ...
2d
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 ...
1d
Is Intel's Turnaround Story Over? (Rating Downgrade)
Despite revenue growth, Intel reported $2.8 billion in operating losses in Q2 due to higher manufacturing costs. Explore more ...
News Nation on MSN
1d
Intel’s Ohio facility to be spun off into new company
The $20 billion computer chip manufacturing facility that Intel is constructing in New Albany, Ohio, will be spun off into a ...
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