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Intel, Amazon
Intel Developing AI Chips for Amazon in Multibillion-Dollar Deal
Intel is making two new AI-capable chips for Amazon's cloud computing unit, including one based on Intel's Xeon 6.
Intel's Amazon chip deal lifts investor confidence in money-losing foundry unit
Intel shares jumped 7% before the bell on Tuesday, as a chip-making deal with Amazon's cloud business provided a major stamp of approval for its struggling contract manufacturing business. The chipmaker will build custom AI chips for Amazon Web Services (AWS) as part of the multibillion-dollar deal.
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.
2d
Intel to spin off chip fab business unit as AWS signs up for custom AI chips
According to Gelsinger, spinning off Intel Foundry as a fully independent subsidiary will enable it to evaluate independent ...
3d
Intel CEO Moves to Further Cut Costs and Separate Chip Making and Design
Company will make manufacturing operations an independent subsidiary and pause construction on plants in Europe and Asia.
Automotive News
21h
Intel's German plant delay lands blow to EU's chip ambitions
The U.S. chipmaker’s move to delay the project in Magdeburg by about two years is a blow to the EU’s goal of producing ...
The Tech Report
2d
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 ...
15h
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 ...
Yahoo Finance
1d
Intel awarded $3bn by US government to bolster domestic chip supply
The US government has announced that
Intel
has been awarded up to $3bn in direct funding under the
CHIPS
and Science Act ...
1d
The Intel Core Ultra 5 245K, a budget CPU, blows past more expensive chips in new multi-core benchmark score leaks
There have been plenty of leaks surrounding the Intel Core Lunar Lake series and its capabilities, but a new CPU-Z benchmark ...
2d
Pentagon to Manage Intel's Latest $3 Billion Grant Under CHIPS Act
As foreign rivals leave the marquee chip maker behind, Intel gets a boost from the government, which wants to keep some ...
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