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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.
2h
With the most powerful AI engine on the market: Intel's new processor
Intel's new powerful AI processor was developed in Haifa, Israel by a dedicated team. VP Zohar Tsab praises the team's ...
26m
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 ...
2h
on MSN
Dow’s Lack of AI Stocks Puts Blue-Chip Index ‘Behind the Curve’
The rise of artificial intelligence has reordered the American stock market, pushing the likes of Nvidia Corp. and other ...
40m
Generative AI fuels growth for Columbus startup helping companies adopt AI
The rise of generative AI has fueled rapid growth for a startup that helps businesses adopt and manage machine learning and ...
The Tech Report
1d
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 ...
Deccan Herald
3h
Asus unveils Intel CPU-powered Zenbook S14, ExpertBook series AI PCs in India
Taiwanese technology major Asus on Thursday (September 19) launched the new line of gen
AI
-centric PCs--Zenbook S14 and ...
22h
on MSN
Intel Corporation (NASDAQ:INTC): There is No Evidence of AI-Driven PC Refresh Cycle
We recently published a list of 10 AI News and Analyst Ratings You Should Not Miss. Since Intel Corporation (NASDAQ:INTC) ...
22h
Intel's Rebound: Why I Am Skeptical
Intel stock remains a hold despite being at multi-year lows due to poor earnings, weak guidance, and management struggles.
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