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Intel, Amazon
Intel Gains After Landing Amazon Deal, Preparing Factory Split
Intel Corp. has made a raft of announcements over the past 24 hours in an effort to prove that a turnaround for the troubled chipmaker is starting to bear fruit.
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'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.
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 ...
12h
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, ...
6h
Qualcomm reportedly approached Intel about a takeover. Analysts say they could face political scrutiny and 'little overlap.'
Qualcomm approached Intel about a takeover deal, the WSJ reported. Meanwhile, Intel is planning a separate foundry 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
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 ...
3d
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 ...
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AI Chip
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