Intel lands Amazon as client for custom AI chips, a major win for its foundry business

Intel lands Amazon as client for custom AI chips, a major win for its foundry business

Intel’s foundry, or contract manufacturing business, has signed up Amazon’s cloud services unit as a customer for making custom artificial intelligence chips, the companies said on Monday, a deal that gives the chip maker a vote of confidence. Intel’s shares rose roughly 8 per cent in extended trading after CEO Pat Gelsinger released a memo … Read more