Intel is soaring
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Billionaire Elon Musk said Wednesday he plans to use Intel’s forthcoming 14A production technology to make chips in his “Terafab” project for artificial intelligence, self-driving cars and spaceflight.
The tech giant reported a 'blowout' quarter with record revenue and stock surge, but its Licking County plants are still on their extended timeline.
Elon Musk on Wednesday said that TeraFab plans to use Intel's 14A fabrication technology when it has its own production capacity later this decade and when th
SAP shares jumped after the German business-software firm reported growth in its cloud business, alleviating fears about the impact of AI and geopolitical tensions on software sales. The report allowed ServiceNow to recoup some of its recent losses, but the American software firm is still down 38% for the year to date.
Intel reported a big first quarter of revenue led by fresh AI demand for its CPUs. The company also delivered a big forecast for the current quarter.
Intel’s business is looking up, welcome news for the company bringing a $28 billion manufacturing plant to Licking County. “A year ago, the conversation about Intel was about whether we could survive,
Live Updates Google Bets 4 hours ago Google (NASDAQ: GOOGL) is deepening its bet on AI, committing another $10 billion to Anthropic at a $350 billion valuation. Bloomberg reports an additional $30 billion could follow if the target company clears a set of performance benchmarks.
Tesla plans to use Intel’s 14A chip technology for Musk’s Terafab AI project, boosting Intel’s contract ambitions amid rising AI semiconductor demand.
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Elon Musk says TeraFab will use Intel's 14A process technology to make AI chips
Elon Musk spills more beans about TeraFab.