{"id":856701,"date":"2024-09-18T09:02:08","date_gmt":"2024-09-18T03:32:08","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=856701"},"modified":"2024-09-18T09:18:48","modified_gmt":"2024-09-18T03:48:48","slug":"intels-amazon-chip-deal-lifts-investor-confidence-in-money-losing-unit","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/18\/intels-amazon-chip-deal-lifts-investor-confidence-in-money-losing-unit\/","title":{"rendered":"Intel&#8217;s Amazon chip deal lifts investor confidence in money-losing unit"},"content":{"rendered":"<p>Intel&#8217;s Amazon chip deal lifts investor confidence in money-losing foundry unit Sept 17 (Reuters) &#8211; Intel shares jumped 7 per cent before the bell on Tuesday, as a chip-making deal with Amazon&#8217;s cloud business provided a major stamp of approval for its struggling contract manufacturing business. <\/p>\n<p>The chipmaker will build custom AI chips for Amazon Web Services (AWS) as part of the multibillion-dollar deal. The move expands a years-long tie-up between the companies under which Intel designs several chips used in Amazon&#8217;s datacenters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Intel&#8217;s Amazon chip deal lifts investor confidence in money-losing foundry unit Sept 17 (Reuters) &#8211; Intel shares jumped 7 per cent before the bell on Tuesday, as a chip-making deal with Amazon&#8217;s cloud business provided a major stamp of approval for its struggling contract manufacturing business. The chipmaker will build custom AI chips for Amazon Web Services (AWS) as part of the multibillion-dollar deal. The move expands a years-long tie-up between the companies under which Intel designs several chips used in Amazon&#8217;s datacenters.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-856701","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/856701","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=856701"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/856701\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=856701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=856701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=856701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}