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Intel to spin off its chip foundry
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 6% after plan to spin off AI chip-making arm
Intel is separating its AI-focused foundry business into an independent subsidiary — a strategic move that could help revitalize the company. Over the past year, Intel has reported multibillion-dollar losses,
Intel to spin off its chip foundry as an independent business entity
Intel is cutting its foundry business loose from the parent company. Intel Foundry will soon be an independent business entity.
The Tech Report
2d
Intel Shares Surge 6% Following Plans to Separate Its AI Chip Manufacturing Subsidiary
Before now, the foundry business develops its AI
chips
without outsourcing any external production entity. Intel’s plans ...
2d
Intel to spin off chip fab business unit as AWS signs up for custom AI chips
According to Gelsinger, spinning off Intel Foundry as a fully independent subsidiary will enable it to evaluate independent ...
7d
Intel won’t sell off its programmable chip business: Altera CEO
Sandra Rivera emphasized that Intel has always planned to sell a stake in Altera rather than fully divesting from it, to take the company public by 2026.
CRN
3d
6 Big Intel Changes, Wins Outlined By CEO: AWS Chip Deal, Independent Foundry, Factory Delays
Intel Pat Gelsinger said the company plans to make its foundry business independent and delay European construction projects, ...
Datacenter Dynamics
8d
US government to delay Intel CHIPS act funding until company hits milestones
The US government is likely to delay handing over the $8.5 billion of CHIPS Act funding to Intel, due to the company’s ...
1d
Reflecting On Processors and Graphics Chips Stocks’ Q2 Earnings: Qorvo (NASDAQ:QRVO)
Earnings results often indicate what direction a company will take in the months ahead. With Q2 behind us, let’s have a look ...
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