Intel Gains After Landing Amazon Deal, Preparing Factory Split
WEB4 days ago · Intel shares jumped as much as 8% to $22.58 on Tuesday, following a 6.4% gain the day before. They had been down more than 60% through the end of last week. Gelsinger, who embarked on a bold ...
Intel Stock Soars On Foundry Plans, Amazon AI Deal After …
WEB5 days ago · Intel Stock Soars Late On Foundry Plans, Amazon AI Deal After Jumping On $3 Billion Federal Funding. Intel (INTC) rallied late Monday on a plan to turn its manufacturing business into a subsidiary ...
Intel Gains After Landing Amazon Deal, Preparing Factory Split
WEB4 days ago · The CEO’s effort hinges on transforming Intel into a foundry, but the Santa Clara, California-based company has been slow to line up customers. A high-profile client such as Amazon represents a notable win. Intel shares rose as much as 4.8% after trading opened on Tuesday. They had been down 58% this year, closing at $20.91 on Monday.
Intel shares jump on chip deal with Amazon | CNN Business
WEB5 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 stock pops on plan for its foundry business to make custom …
WEB5 days ago · AMZN. (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 ...
Intel rises as Amazon deal boosts struggling foundry unit's …
WEB4 days ago · INTC. AMZN. (Reuters) - Intel (INTC) shares jumped 7% before the bell on Tuesday, as a chip-making deal with Amazon's cloud business provided a major stamp of approval for its struggling contract ...
Intel rises as Amazon deal boosts struggling foundry unit's …
WEB4 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, …
WEB5 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 ...
Intel, AWS Expand Strategic Collaboration, Helping Advance U.S.
WEB5 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 Teams Up With Amazon. Is the Chip Stock a Buy Now?
WEB4 days ago · Intel scored a new deal with Amazon. 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 ...
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