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Intel, Amazon
Intel's Amazon chip deal lifts investor confidence in money-losing foundry unit
Intel 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 manufacturing business. The chipmaker will build custom AI chips for Amazon Web Services (AWS) as part of the multibillion-dollar deal.
Intel stock surges on plans to make AI chips for Amazon and to turn foundry into subsidiary
Shares of Intel are surging before the opening bell after the chipmaker said its foundry business would make some custom artificial intelligence chips for Amazon Web Services as it attempts to reinvig
Intel and Amazon Web Services to co-invest in new chip designs
Intel has announced a planned co-investment with Amazon Web Services in custom chip designs .The partnership reaffirms Intel's commitment toconstructingits
17h
Amazon launches Amelia, a generative AI-powered assistant for third-party sellers
Amazon.com Inc. today announced it’s rolling out a generative artificial intelligence assistant dubbed Project Amelia for ...
CRN
19h
AWS Partner ClearScale Launches ‘Powerful’ Cloud Migration Platform
AWS cloud migration platform launched by ClearScale helps customers off Microsoft software licenses and on-premise IT ...
2d
Amazon's Leaner Structure and AI Chip Partnership with Intel Could Boost Growth: BofA Analyst
BofA Securities analyst Justin Post maintained a Buy rating on Amazon.Com Inc (NASDAQ:AMZN) with a price target of $210. The ...
The Next Platform
18h
AWS Boosts Memory Capacity On Graviton 4 Compute
With its Graviton 4 homegrown Graviton 4 Arm server processors, Amazon Web Services has put into the field a CPU that can ...
1d
Is This a Once-in-a-Generation Opportunity to Buy Amazon Stock?
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
32m
Amazon warehouse workers are finally getting free $140 Prime memberships, but corporate colleagues aren’t
The free Prime membership, however, is exclusive to front-line workers, the company told Fortune. Corporate employees will ...
3d
on MSN
Amazon CEO Tells Employees They’ll Need to Be in the Office Five Days a Week: ‘We Want to Operate Like the World’s Largest Startup’
Amazon expects employees to report to the office five days per week, CEO Andy Jassy wrote in a companywide memo.
18h
Amazon Seeks Bond-Free Stay of $673 Million Judgment Amid Appeal
Amazon Web Services Inc. touted its corporate parent’s financial strength as it seeks to pause enforcement of an Illinois ...
9d
on MSN
Amazon Web Services' competitive advantage in AI is its competitors
Amazon Web Services (AMZN) isn't putting all its chips on one AI model. Instead, it aims to win by keeping friends close and ...
2d
‘It’s time to branch out on my own’: Amazon Web Services communications head steps down and hints future plans
Amazon Web Services ANZ head of communications, Cameron Craig, has announced his resignation and shared plans to “branch out ...
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