Tag: Intel

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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 company has revealed its plan in a...

Watch These Intel Price Levels as Stock Surges After CEO Provides Business Update

Shares Surged Nearly 8% in Extended Trading on MondayKey TakeawaysIntel shares surged nearly 8% in extended trading on Monday, adding to big gains during...

Intel’s Latest Plans Send Its Stock Soaring—What You Need To Know

Key TakeawaysIntel shares surged in extended trading Monday after CEO Pat Gelsinger offered an update on the company’s turnaround plans.Gelsinger said Intel has made...

Intel to Make Custom AI Chip for Amazon, Delay German Plant

(Bloomberg) -- Intel Corp. Chief Executive Officer Pat Gelsinger has landed Amazon.com Inc.’s AWS as a customer for the company’s manufacturing business, potentially bringing...

Intel and AWS to expand chip making collaboration, Intel shares surge

By Max A. Cherney(Reuters) -Intel (INTC) and Amazon's (AMZN) AWS said on Monday they would expand their collaboration, including a co-investment in custom chip...

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