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Intel shelves planned chip operation expansion in Vietnam

Intel has shelved a planned investment in Vietnam that could have nearly doubled the U.S. chipmaker's operation there, one person briefed on the plans said, in a blow to the country's growing ambitions in the chips industry. The Southeast Asian electronics manufacturing hub is home to Intel's largest factory worldwide for assembling, packaging and testing chips, and has been banking on the company further expanding there especially after Joe Biden announced deals to support Vietna...
Republic Of San Francisco United States White House District Of Columbia Han I
Source: aol.com

Microsoft's AI bets boost cloud business, Alphabet yet to find silver lining

Google-parent Alphabet's cloud business suffered as long-time rival Microsoft's took off in the September quarter, demonstrating early signs that the Windows maker's investment in artificial intelligence was paying off. Alphabet's shares fell 7% in after hours trading on Tuesday. Microsoft's rose 5%.
San Francisco United States Bob Odonnell Sonali Paul Yuvraj Malik Greg Bensinger
Source: yahoo.com

Intel pitches the 'AI PC' at software developer event

A new Intel chip due in December will be able to run a generative artificial intelligence chatbot on a laptop rather than having to tap into cloud data centers for computing power, the company said on Tuesday. The capability, which Intel showed off during a software developer conference held in Silicon Valley, could let businesses and consumers test ChatGPT-style technologies without sending sensitive data off their own computer. It is made possible by new AI data-crunching features built into I
San Francisco United States Meteor Lake Stephen Nellis Maxa Cherney Dan Hutcheson
Source: aol.com

Arm touts cloud computing expansion, royalties to IPO investors

SoftBank Group Corp's Arm Holdings Plc on Thursday told potential investors in its roughly $5 billion initial public offering that cloud computing expansion and royalty revenue represented major growth areas for the chip designer. In a gathering of more than 100 investors at one of New York's most luxurious hotels, Arm Chief Executive Rene Haas and his management team gave details on the company's prospects beyond the mobile phone market, of which it already commands a 99% share,...
New York United States San Francisco Max Cherney Ryuta Makino Richard Chang
Source: yahoo.com

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