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  2. People also ask
    Is Amazon working on its own AI processor?
    Amazon is reportedly working on its own AI processor to lessen its reliance on NVIDIA for AI chips. The initiative will also add pressure on Nvidia, which dominates the AI chip business. The e-commerce giant is reportedly getting ready to debut its AI chips and this comes as Amazon is attempting to claim a fair […]

    Amazon is making its own AI chips to rival Nvidia

    msn.com
    Is Intel losing its 25-year spot to Nvidia?
    The S&P Dow Jones Indices said on November 1 that Intel is losing its 25-year spot to Nvidia in the Dow Jones Industrial Average. Intel's stock has dropped nearly 50% so far this year, and the company has faced billions in losses. It's also had sweeping layoffs, buyouts, and other setbacks.

    What needs to go right for Intel, and what happens if it doesn't

    businessinsider.com
    Is Intel (INTC) the best Dow Jones stock today?
    While Amazon's post-earnings price action was impressive, it was Intel (INTC) that was the best Dow Jones stock today. Shares closed up 7.8% after the chipmaker reported higher-than-expected revenue and strong fourth-quarter guidance.

    Stock Market Today: Dow Climbs 288 Points After Amazon, Intel Earnings

    msn.com
    Why did S&P Global buy Nvidia vs Intel?
    S&P Global said that the move would give a more representative exposure to the semiconductor industry as the Dow Jones is a price-weighted index and Nvidia's share price is much higher than Intel's. In fact, Intel had the lowest share price of any of the 30 Dow stocks, meaning it had the least influence on the index.

    Intel Was Just Dropped From the Dow. History Says This Is What Will Ha…

    msn.com
    Will Nvidia replace Intel in the Dow Jones industrial average?
    Intel (NASDAQ: INTC) stock popped Friday after it reported ugly third-quarter results but its outlook for the fourth quarter was better than expected. However, the celebration was short-lived, as S&P Global announced after hours that rival Nvidia would replace Intel in the Dow Jones Industrial Average (DJINDICES: ^DJI).

    Intel Was Just Dropped From the Dow. History Says This Is What Will Ha…

    msn.com
    Is Amazon getting ready to launch AI chips?
    The e-commerce giant is reportedly getting ready to debut its AI chips and this comes as Amazon is attempting to claim a fair share in the AI industry and consolidate its position in the AI race. According to the Financial Times, Amazon has already worked on several in-house processors custom-made for its data center workloads.

    Amazon is making its own AI chips to rival Nvidia

    msn.com
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  3. Amazon.com, Inc. - Press Room
    https://press.aboutamazon.com/aws/2024/9/intel-and...

    Intel and AWS Expand Strategic Collaboration, Helping Advance …

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    Intel Corporation
    Chip
  5. CNN
    https://www.cnn.com/2024/09/16/busin…

    Intel shares jump on chip deal with Amazon | CNN …

    Sep 16, 2024 · 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 dayit would receive up to $3 billion in ...

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    Intel Corporation
    Jump drive
  6. Intel
    https://www.intel.com/content/www/us/en/newsroom...

    Intel, AWS Expand Strategic Collaboration, Helping Advance U.S.

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    Intel Corporation
    Chip
  7. Reuters
    https://www.reuters.com/technology/intel-aws...

    Intel foundry business to make custom chip for Amazon, …

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    Intel Corporation
    Jump drive
  8. AP News
    https://apnews.com/article/intel-amazon-chip-ai...

    Intel stock surges on plans to make AI chips for Amazon and to …

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    Associated Press
  9. Intel
    https://www.intel.com/content/www/us/en/newsroom...

    Pat Gelsinger on Foundry Momentum, Progress on Plan - Intel

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    Pat Gelsinger
    Momentum
  10. Bloomberg
    https://www.bloomberg.com/news/articles/2024-09-17/...

    Intel Lands Amazon Chip Deal Amid Foundry Split, Plant Pullback

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    Intel Corporation
    Bloomberg L.P.
  11. Yahoo Finance
    https://finance.yahoo.com/news/intel-aw…

    Intel stock pops on plan for its foundry business to …

    Sep 17, 2024 · (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...

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    Intel Corporation
    Reuters
  12. Business Wire
    https://www.businesswire.com/news/home/20240916961718/en

    Intel and AWS Expand Strategic Collaboration, Helping Advance …

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    Intel Corporation
    Chipmunk
  13. Yahoo Finance
    https://finance.yahoo.com/news/intel-lands-amazon...

    Intel Gains After Landing Amazon Deal, Preparing Factory Split

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    Intel Corporation
    Gain