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Intel Signs AI Chip Deal With 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 shares jump on chip deal with Amazon
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 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 reinvig
12h
on MSN
House Intel chmn. on foreign hackers targeting Trump team
Sheriff: Secret Service agent spotted rifle barrel through fence and engaged with now-detained person Authorities release ...
1d
on MSN
Huge News for Intel Stock Investors
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
1d
on MSN
Intel splits off foundry business — new dawn for chip giant as it announces major transformation plans
The most significant transformation of Intel in over four decades” includes $10 billion in cost cutting and foundry business ...
2d
on MSN
Intel Held Days of Pivotal Meetings to Create a Plan to Turn Things Around: 'No Shortage of Rumors and Speculation'
Intel CEO Pat Gelsinger sent a message to employees on Monday with a plan for a path forward after meeting with the board for ...
12d
Police requests to seize guns from high-risk individuals soar after Maine’s deadliest mass shooting
There has been a huge jump in law enforcement requests for Maine courts to allow guns to be seized from people deemed a ...
1d
on MSN
Key Dem Senators Call For Probe Into Allegations That Egypt Funneled $10M To Trump For 2016 Campaign
Democratic senators on two relevant committees are calling for their panels to investigate allegations last month in the ...
2d
on MSN
Mossad, IDF intel. planted Hezbollah beeper explosives - foreign reports
A joint Mossad and IDF intelligence operation led to planting small explosive materials in Hezbollah's pagers, a variety of ...
3d
on MSN
Intel is separating its ailing foundry business from the main company
Intel is turning its foundry business, which manufactures chips for other companies, into an independent subsidiary. The ...
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