manufacturing-processes

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

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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

Left with few options, major U.S. airlines are using Boeing’s safety crisis as leverage

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Left with few options, major U.S. airlines are using Boeing’s safety crisis as leverage

Airline executives are frustrated with Boeing as its safety crisis has upended their business plans. But in a tight market for large aircraft supplied by two companies, they have little choice but do business with the U.S. plane maker. Despite some public displays of alarm — United Airlines CEO Scott Kirby flew to France to … Read more