close
close

Tag: Chip manufacturing

Intel signs AI chip deal with AWS, pauses plans in Poland and Germany

Posted on | Posted on Jasper | Leave a Comment on Intel signs AI chip deal with AWS, pauses plans in Poland and Germany
Intel signs AI chip deal with AWS, pauses plans in Poland and Germany

Intel has announced the acquisition of a key customer and changes to its foundry business, aiming to turn the ailing chipmaker around. In a blog post, Intel CEO Patrick Gelsinger said the company would pause its chip manufacturing projects in Poland and Germany for two years “due to expected market demand” and was considering withdrawing […]

Stock prices collapse as fears of an economic slowdown grow and technology companies disappoint

Posted on | Posted on Jasper | Leave a Comment on Stock prices collapse as fears of an economic slowdown grow and technology companies disappoint
Stock prices collapse as fears of an economic slowdown grow and technology companies disappoint

Nvidia’s share price fell nearly 10 percent during a stock market crash in early September 2024. This contributed to the Dow Jones falling 600 points overall at the start of the month. (AP) As investors watched major markets crash, Wall Street saw stocks plunge on Tuesday, particularly among chip-selling technology companies. The S&P 500 lost […]