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Intel Sells Arm Stake. It Still Has Another AI Investment
Social Buzz: Wallstreetbets Stocks Mixed Premarket Wednesday; Nvidia to Advance, AST SpaceMobile to Decline
Intel Sells Stake in Arm Holdings, Filing Shows
Intel Divests Stake In Nvidia Rival Arm Holdings As Part Of Restructuring Efforts: Analyst Highlights 'Renewed Focus On Liquidity And Efficiency'
Is there a turnaround in oversupply as Intel (INTC.US) and AMD (AMD.US) speed up PC CPU shipments?
According to statistics from the well-known investment institution on Wall Street, Bernstein, despite signs of oversupply of central processing units (CPUs) on the PC side, American chip giants Intel (INTC.US) and AMD (AMD.US) still shipped more CPU products in the second quarter.
Intel Exits Arm Holdings in Q2
Canalys: In Q2, the shipment volume of AI PCs reached 8.8 million units, with Apple (AAPL.US) leading Microsoft (MSFT.US) with 60% market share.
In the second quarter of 2024, the shipment of personal computers (PC) with artificial intelligence (AI) functionality reached 8.8 million units.
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Intel, Pinched by Losses, Sells Stake in Chip Designer Arm