Intel shares jump on chip deal with Amazon | CNN Business
WEB5 days ago · New York CNN —. Intel’s struggling chip-making business got a boost Monday from a high-profile client: Amazon. The announcement came after Intel said earlier in the day it would receive up to ...
Intel, AWS Expand Strategic Collaboration, Helping Advance U.S.
WEB5 days ago · AWS is planning to invest $7.8 billion to expand its data center operations in Central Ohio, in addition to the $10.3 billion it has invested in the state of Ohio since 2015. “This collaboration between Intel and AWS is a great development for U.S.-based manufacturing and solidifying Ohio as a leader in AI,” said Ohio Governor Mike DeWine ...
Intel and AWS Expand Strategic Collaboration, Helping Advance …
WEB5 days ago · As part of the expanded collaboration, Intel will produce an AI fabric chip for AWS on Intel 18A, the company’s most advanced process node. Intel will also produce a custom Xeon 6 chip on Intel 3, building on the existing partnership under which Intel produces Xeon Scalable processors for AWS.
Intel Gains After Landing Amazon Deal, Preparing Factory Split
WEB5 days ago · A high-profile client such as Amazon represents a significant win. Intel shares jumped as much as 8% to $22.58 on Tuesday, following a 6.4% gain the day before. ... That news helped trigger the ...
Intel foundry business to make custom chip for Amazon, …
WEB5 days ago · Sept 16 (Reuters) - Intel (INTC.O) and Amazon's (AMZN.O) AWS said on Monday they would expand their collaboration, including a co-investment in custom chip designs, under a multi-year, multi ...
Intel stock surges on plans to make AI chips for Amazon and to …
WEB5 days ago · Shares of Intel are surging before the market opens Tuesday 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.. CEO Pat Gelsinger said in a message to employees late Monday that Intel will create an AI fabric chip for Amazon’s cloud services division at its foundry business, a ...
Intel Soars On Foundry Plans, Amazon AI Chip Deal
WEB5 days ago · Intel Stock Soars Late On Foundry Plans, Amazon AI Deal After Jumping On $3 Billion Federal Funding. Intel (INTC) rallied late Monday on a plan to turn its manufacturing business into a subsidiary ...
Intel stock pops on plan for its foundry business to make custom …
WEB5 days ago · AMZN. (Reuters) - Intel's (INTC) foundry, or contract manufacturing business, has signed up Amazon's (AMZN) cloud services unit as a customer for making custom artificial intelligence chips, the ...
Intel scores Amazon AI chip deal, reigniting hopes for a turnaround
WEB5 days ago · Intel’s foundry business has secured a significant deal with Amazon Web Services (AWS) for custom AI chip production, potentially bolstering confidence in the struggling chip giant. In a memo to ...
Pat Gelsinger on Foundry Momentum, Progress on Plan - Intel
WEB5 days ago · Amazon Web Services selects Intel Foundry. Today we announced that we will expand our strategic collaboration with Amazon Web Services (AWS). This includes a co-investment in custom chip designs, and we have announced a multi-year, multi-billion-dollar framework covering product and wafers from …
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