Intel shares jump on chip deal with Amazon | CNN Business
WEB3 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 Gains After Landing Amazon Deal, Preparing Factory Split
WEB2 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 and AWS Expand Strategic Collaboration, Helping Advance …
WEB3 days ago · 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. “This expansion of our longtime relationship with AWS reflects the strength of our process technology and delivers differentiated solutions for customer workloads,” said Pat Gelsinger ...
Intel scores Amazon AI chip deal, reigniting hopes for a turnaround
WEB3 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 ...
Intel stock surges on plans to make AI chips for Amazon and to …
WEB3 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 Gains After Landing Amazon Deal, Preparing Factory Split
WEB2 days ago · 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. Chief among them: It struck a ...
Intel, AWS Expand Strategic Collaboration, Helping Advance U.S.
WEB4 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 stock pops on plan for its foundry business to make custom …
WEB3 days ago · INTC. AMZN. (Reuters) - Intel (INTC) and Amazon's (AMZN) AWS said on Monday they would expand their collaboration, including a co-investment in custom chip designs, under a multi-year, multi ...
Intel rises as Amazon deal boosts struggling foundry unit's …
WEB3 days ago · Intel shares jumped almost 4% in early trading on Tuesday, as a chip-making deal with Amazon's cloud business gave a major stamp of approval to its money-losing contract manufacturing business.
Intel foundry business to make custom chip for Amazon, …
WEB3 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 ...