Intel rises 9% - Google order and Nvidia is knocking. The chip giant becomes a foundry backup!
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The Alphabet company has placed a firm order with Intel for the production of more than three million in-house AI accelerators (TPUs) for the production year 2028. NVIDIA is currently testing Intel's cutting-edge "18A" manufacturing process and advanced packaging technologies for future chip generations intensively. The astronomical demand for AI hardware forces leading Alphabet and NVIDIA to diversify their supply chains, resulting in an unexpectedly swift validation of Intel's foundry strategy. Google makes Intel its Plan B Google has...
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