Previous close | 2.5000 |
Open | 2.1500 |
Bid | 2.2400 |
Ask | 2.3100 |
Strike | 155.00 |
Expiry date | 2024-12-20 |
Day's range | 2.0300 - 2.3200 |
Contract range | N/A |
Volume | |
Open interest | 4.49k |
Intel (INTC) and Amazon Web Services (AMZN) announced a co-investment in custom chip designs in a multi-billion, multi-year strategic collaboration. Creative Strategies CEO and principal analyst Ben Bajarin joins Asking for a Trend to discuss the news. Bajarin explains that Intel has won a large customer in AWS: "There's positive momentum there in terms of getting foundry wins." He believes that Intel is ultimately setting the stage to split into two companies: Intel and an its foundry segment He believes that having an Intel foundry subsidiary is "essentially as close as you can get to putting the right kind of walls and guardrails around Intel foundry so that other customers can come in and feel comfortable knowing that they'll have capacity wafer allocation." He highlights that the services side of the business needs to be its own entity to attract wafer-scale customers. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Melanie Riehl
We recently compiled a list of the 19 Trending AI Stocks on Latest Analyst Ratings and News. In this article, we are going to take a look at where Amazon.com, Inc. (NASDAQ:AMZN) stands against the other AI stocks. Exciting new developments in the artificial intelligence space have continued to pour in over the past few […]
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