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Intel, Amazon
Did Amazon Just Save Intel Stock?
This is especially true when that friend runs the largest cloud computing business in the world and you are a manufacturer of computer chips. That is why Intel (NASDAQ: INTC) stock soared after the company announced a new partnership with Amazon (NASDAQ: AMZN) for custom chip designs for its Amazon Web Services (AWS) subsidiary.
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 Gains After Landing Amazon Deal, Preparing Factory Split
Intel Corp. has made a raft of announcements over the past 24 hours in an effort to prove that a turnaround for the troubled chipmaker is starting to bear fruit.
23h
Intel Is Turning Its Foundry Business Into a Subsidiary. Time to Buy?
Yet its foundry business has shown potential for improvement. Intel will turn that business into a separate subsidiary, ...
17h
Qualcomm reportedly approached Intel about a takeover. Analysts say they could face political scrutiny and 'little overlap.'
Qualcomm approached Intel about a takeover deal, the WSJ reported. Meanwhile, Intel is planning a separate foundry subsidiary ...
Network World
2d
Intel strikes foundry deal with AWS
We have tripled our deal pipeline since the beginning of the year,” CEO Pat Gelsinger said of Intel Foundry’s business in a ...
3d
on MSN
Intel's Foundry Finally Has Some Good News. Has the Chipmaker Learned Its Lesson?
The Intel bulls have been a bit desperate for some good news to counter all the negativity for some time now. They recently ...
3d
Retail sales report shows consumers are still spending; Intel strikes AI deal with Amazon
Average paychecks, particularly for lower-income Americans, have also risen sharply since the pandemic, which has allowed ...
EconoTimes
3d
Intel's Amazon Partnership Fails to Impress Wall Street, Analysts Remain Cautious on Foundry Spinoff
Intels recent announcement of a multi-billion-dollar Amazon partnership sparked an 8% jump in its share price. However, major ...
1d
on MSN
Intel Stock Analysis: Here's What You Need to Know About the Recent Major Announcement
Fool.com contributor Parkev Tatevosian elaborates on what this recent news could mean for Intel (NASDAQ: INTC) stock ...
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