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Intel manufactures custom AI chips for Amazon, with post-market trading up over 10%.
Intel has finally met the qualification to manufacture semiconductor components for the Pentagon, with the potential to obtain a contract worth up to $3.5 billion. At the same time, the company has reached an agreement with Amazon AWS to produce customized AI chips and establish a long-term framework for product and wafer supply cooperation. In addition, Intel plans to spin off its foundry business (IFS) into a subsidiary to enhance its market competitiveness. Intel has adjusted its overseas expansion plans and will suspend the Poland and Germany factory projects for about two years. As a result of these bullish news, Intel's stock soared 6.4% at the close on Monday, and continued to rise over 10% in post-market trading.
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The number of newly added charging station decreased by 28%! Tesla's large-scale layoffs have affected the Supercharger network.
In April, Musk suddenly laid off the entire supercharging business team. Although Tesla quickly rehired some of the dismissed employees, the number of new supercharging stations in the USA decreased by 28% from May to August. During this period, Tesla also received millions of dollars in funding from the US government for expanding the electric vehicle network project.
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Intel And AWS Expand Strategic Collaboration, Helping Advance U.S.-Based Chip Manufacturing; Intel To Produce Custom Ai Fabric Chip On Intel 18A And Custom Xeon 6 Chip On Intel 3 For AWS; Multi-Year, Multi-Billion-Dollar Collaboration Accelerates...
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