Intel stock closed up 3.3% on the news, after jumping as much as 9.5% when the story first broke. Qualcomm closed down 2.9% ...
Intel will produce the specialized "AI fabric chip" for Amazon, using its 18A manufacturing process, which is the company’s ...
Qualcomm approached Intel about a takeover deal, the WSJ reported. Meanwhile, Intel is planning a separate foundry subsidiary ...
Intel Corporation shares rise on reports of Qualcomm Incorporated takeover interest due to Intel's issues & restructuring.
Shares of Intel Corp. INTC advanced 3.31% to $21.84 Friday, on what proved to be an all-around mixed trading session for the ...
The company also announced an expanded deal with Amazon, in which the two companies will co-invest in custom chip designs. Intel's foundry will also produce artificial intelligence (AI) fabric chips ...
Intel stock has surged recently due to positive developments, including an expanded partnership with Amazon AWS. See more on ...
That majority shareholder is Intel Corp. which is struggling to get back on track after a series of technological missteps ...
Yet its foundry business has shown potential for improvement. Intel will turn that business into a separate subsidiary, ...