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Intel, Amazon
Intel foundry business to make custom chip for Amazon, chipmaker's shares jump
Amazon's AWS cloud computing division already designs several chips for use in its data centers and has hired Intel to package at least one version.
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 Teams Up With Amazon. Is the Chip Stock a Buy Now?
After hanging on the ropes for much of August and September, Intel (INTC -3.26%) is suddenly having a banner week. The stock jumped yesterday after the company secured $3 billion
3h
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, ...
4m
Intel (INTC) Shares Skyrocket, What You Need To Know
Intel is down 53.8% since the beginning of the year, and at $22.08 per share it is trading 56.5% below its 52-week high of $50.76 from December 2023. Investors who bought $1,000 worth of Intel’s ...
3d
Intel, AWS to expand AI chipmaking partnership
Intel (INTC) and Amazon Web Services (AMZN) have announced a co-investment into a multi-year strategic collaboration to ...
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 ...
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