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Intel, Amazon
Intel shares jump on chip deal with Amazon
Intel’s partnership with AWS is part of the chipmaker’s attempt to play catch-up. The new deal, along with a $3 billion grant from the US government to boost domestic chip making and make chips for the US military, “demonstrates the continued progress we are making to build a world-class foundry business,” Intel said in the statement.
Intel moves to spin out foundry business, inks AI chip deal with AWS
Intel announced it'll pause its chip-making plans in Poland and Germany -- and expand a deal with AWS to build custom chips, including an AI processor.
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.
Sony reportedly picked AMD over Intel
In Depth
Exclusive: How Intel lost the Sony PlayStation business
Intel lost out on a contract to design and fabricate Sony’s PlayStation 6 chip in 2022, which dealt a significant blow to its effort to build its fledgling contract manufacturing business, according to three sources with knowledge of the events.
Sony reportedly picked AMD over Intel for the PS6
What’s next after the PS5 Pro? A report from Reuters focuses on Sony’s plans beyond this fall’s new $700 system, saying that the battle to win a contract for the chip powering a future PlayStation 6 came down to AMD vs. Intel, with others like Broadcom eliminated earlier, with AMD eventually winning out.
Intel reportedly lost a PS6 deal worth $30 billion to AMD, with Sony eyeing next-gen backwards compatibility
On the heels of the PS5 Pro reveal, new traces of the PlayStation 6 suggest Sony is once again eyeing backwards compatibility and tapping AMD to power its consoles. Reuters reports that, in 2022, Intel lost the contract to provide chips for the PS6 to AMD.
Intel, Secure Enclave
Intel Confirms $3 Billion Defense Department Chips Act Grant
Intel Corp. said on Monday that it’s eligible to receive as much as $3 billion in US government funding to manufacture chips for the military, confirming earlier reporting by Bloomberg.
Intel awarded up to $3 billion from US for national security related chip production
(Reuters) -The Biden Administration on Monday awarded Intel Corp up to $3 billion from the CHIPS and Science Act to develop a "Secure Enclave" for microelectronics, which are a critical component to a wide range of weapon systems and other national security products.
Intel Gets up to $3 Billion From US for Secure Enclave
President Joe Biden's administration said on Monday that Intel Corp has been awarded up to $3 billion in direct funding under the CHIPS and Science Act for the Secure Enclave program.
7h
on MSN
Intel CEO Lays Out New Steps to Cut Costs and Bolster Chip-Making Division
Company will make manufacturing operations an independent subsidiary and pause construction on plants in Europe and Asia.
9h
U.S. Awards Intel $3 Billion for Military Supply Program
The Biden administration announced an award for the struggling chipmaker as part of an effort to establish secure supply ...
2h
on MSN
Watch These Intel Price Levels as Stock Surges After CEO Provides Business Update
Intel shares surged nearly 8% in extended trading on Monday after the embattled chipmaker’s CEO provided an update on the ...
Digital Trends on MSN
15h
Intel almost designed the chip for the PlayStation 6
It looks like AMD will be designing the PlayStation 6, as Intel reportedly lost a contract to design the console two years ...
10h
Intel: The Night Looks The Darkest Before The Dawn
Intel's financial decline stems from past decisions and delays in advancing chip manufacturing technology. Learn more on INTC ...
ExtremeTech on MSN
12h
Intel Is Allegedly Working on a Entirely New x86 Architecture Named Cobra Core
Intel is reportedly trying out several new technologies to drastically improve single-core performance in upcoming ...
7h
on MSN
Intel’s Latest Plans Send Its Stock Soaring—What You Need To Know
Intel shares surged in extended trading Monday after CEO Pat Gelsinger offered an update on the company’s plans to cut costs ...
6h
on MSN
Germany's coalition argues over Intel subsidies in new budget dispute
A new budget dispute emerged within Germany's ruling coalition on Monday, with the finance ministry saying funds no longer ...
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