The announcement comes after Intel secured up to $3 billion in direct funding under the US CHIPS and Science Act.
Intel is making two new AI-capable chips for Amazon's cloud computing unit, including one based on Intel's Xeon 6.
Intel announced it'll pause its chip-making plans in Poland and Germany -- and expand a deal with AWS to build custom chips, ...
Shares of Intel are surging before the opening bell after the chipmaker said its foundry business would make some custom ...
CNBC’s Seema Mody reports on Intel's new deal to build AI chips for Amazon, how it could affect share prices, and more.
Average paychecks, particularly for lower-income Americans, have also risen sharply since the pandemic, which has allowed ...
Intel Corp. Chief Executive Officer Pat Gelsinger has landed Amazon.com Inc.’s AWS as a customer for the company’s ...
Intel’s legacy chip business continues to struggle as Nvidia (NVDA) dominates the market amid the artificial intelligence (AI) megatrend with its asset-light, fabless model. According to multiple ...
According to Gelsinger, spinning off Intel Foundry as a fully independent subsidiary will enable it to evaluate independent ...
Intel closed the day up 6.4% following an announcement that the firm would spin off its foundry business into a new entity ...
Intel stock (NASDAQ: INTC) rallied by close to 6% in Monday’s trading and gained by another 8% in after-hours trading, taking the stock to levels of about $22 per share. Intel stock still remains down ...
While everyone is talking about rate cuts, some analysts are questioning whether it was necessary even to start cutting rates ...