AEM - Gd news from Intel to make special chips for Amazon AWS units that may help to boost their revenue. Hopefully, this may benefit AEM.
Price may rise up to cover the Gapped at 1.43.
The next Gapped to fill is at 1.55 and 1.66. Pls dyodd.
Quote:
Quote: (Reuters) -Amazon's AWS unit said on Monday it would expand a collaboration with Intel featuring co-investments on chip designs and a deal to manufacture a processor for artificial intelligence, a vote of confidence for Intel's contract manufacturing effort.
Intel's shares jumped 8% in extended trading after the chip maker's CEO Pat Gelsinger released a memo to employees announcing the Amazon unit would be a multibillion-dollar customer, paying Santa Clara, California-based Intel for design services and manufacturing.
Quote: 30th August 2024 - Intel rose 9.5% following a report from Bloomberg that said the chip maker was discussing various scenarios with investment bankers, including a split of its product-design and manufacturing businesses and what factory projects...