The company also announced an expanded deal with Amazon, in which the two companies will co-invest in custom chip designs. Intel's foundry will also produce artificial intelligence (AI) fabric chips ...
Boeing and Intel suffered stock price losses due to poor management and bad decisions. Boeing put profit before safety, Intel misjudged the GPU-CPU contest.
That news is behind the surprising strength in shares of Intel stock (up 3% through 11:10 a.m. ET), and in Alphabet (up 1.8%), and in Mobileye most of all -- up 15.3%!