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Counterpoint Research: The demand for advanced processes in AI and smart phones is strong, with a 27% year-on-year increase in global wafer foundry industry revenue in the third quarter.
In the third quarter of 2024, global wafer foundry industry revenue increased by 27% year-on-year and 11% quarter-on-quarter.
intel (INTC.US) is firmly pursuing the "chip foundry dream," but vows to be more frugal.
intel remains committed to its performance forecasts after Gelsinger's departure, but vows to be more frugal.
Tech giants are spending extravagantly, the AI arms race is heating up, and chip stocks are soaring across the board.
The competition among technology giants in AI hardware is intensifying. This week, amazon claimed it would build the world's largest AI computing cluster, followed closely by Meta announcing a $10 billion AI datacenter. There are also reports that xAI, under Elon Musk, is planning to expand its supercomputer project tenfold...
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