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Intel, Amazon
Intel stock surges 14% on AI chip deal with Amazon
The two companies will co-invest in making "fabric chips" that will be built in a new factory under construction outside Columbus, Ohio.
Intel's stock price surged 6% today (here is why)
Intel stock (INTC) popped 6% early on Sept. 17 after the chip maker announced plans to separate its foundry business into an independent unit with its own board and the ability to raise outside capital.
Intel shares jump on chip deal with Amazon
Intel’s partnership with AWS is part of the chipmaker’s attempt to play catch-up. The new deal, along with a $3 billion grant from the US government to boost domestic chip making and make chips for the US military, “demonstrates the continued progress we are making to build a world-class foundry business,” Intel said in the statement.
Intel, Secure Enclave
Intel Announces $3 Billion Contract for 'Secure Enclave' Program for the Government
The deal between Intel and the G-Man was first mentioned in the press in March 2024, but it was not based on statements from Intel at the time. Back then, it was presented as a $3.5 billion deal, so it seems like some money got shaved off the top,
Intel Gets Up to $3B for Semiconductor Production Under Secure Enclave Program
Intel has been awarded up to $3 billion in direct funding to expand semiconductor manufacturing under the Chips and Science Act, the microprocessor and semiconductor company said. The funding falls under the act's Secure Enclave program and builds on previous projects between Intel and the Defense Department,
Intel Gets up to $3 Billion From US for Secure Enclave
President Joe Biden's administration said on Monday that Intel Corp has been awarded up to $3 billion in direct funding under the CHIPS and Science Act for the Secure Enclave program.
TweakTown
54m
Intel Core Ultra 200 series CPUs to significantly bump DDR5 memory speeds
Intel's Arrow Lake CPUs are rumored to offer a significant bump in memory speed, and they are expected to be released ...
ExtremeTech on MSN
21m
Intel Arrow Lake to Support DDR5-9000 Memory and Beyond With New CUDIMM Modules
The company will likely open a sizable memory speed gap between it and AMD with Arrow Lake.
1d
Intel CEO Moves to Further Cut Costs and Separate Chip Making and Design
Company will make manufacturing operations an independent subsidiary and pause construction on plants in Europe and Asia.
1d
Intel, Aiming to Reverse Slump, Unveils New Contracts and Cost Cuts
The chipmaker, which has been struggling, said on Monday that it obtained a new government grant, signed a contract with ...
1d
on MSN
Intel, once a Silicon Valley star, has been floundering. Now it's mounting a turnaround.
The Silicon Valley chip giant has been in freefall this year, pushing CEO Pat Gelsinger to unveil a turnaround plan for the ...
1d
Intel forges path to probable capital incineration
Intel is a chipmaker, just not one of the exciting ones. Boss Pat Gelsinger is trying desperately to change that: on Monday ...
1d
on MSN
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 ...
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