Chip Stocks Rise After Report of TSMC Interest in JV to Run Intel Factories
Shares of chip makers rose after a report indicating Taiwan Semiconductor Manufacturing had proposed a joint venture to operate Intel's factories. TSMC offered the idea to run the operations of Intel's foundry division to Nvidia,
Chip giant Intel (NASDAQ: INTC) has tried and failed to break into the lucrative AI accelerator market that's dominated by Nvidia. The company's Gaudi family of AI accelerators had potential ...
One of the sources said Meta’s new training chip is a dedicated accelerator, meaning it is designed to handle only AI-specific tasks. This can make it more power-efficient than the integrated graphics ...
Intel’s weeklong rally began after Vice President JD Vance spoke about domestic chip manufacturing during an address at the AI Summit in Paris on Tuesday. Vance said the Trump administration ...
Last week, its AI and data center chief also left. Even if Intel is able to unwind the albatross that has become its foundry business, the company still faces challenges in its core chip-design ...
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