Intel and SK Hynix Join Forces to Break TSMC’s AI Packaging Monopoly
SK Hynix and Intel are teaming up on faster AI chip tech, offering an alternative to TSMC and helping reduce supply shortages worldwide.
SK Hynix and Intel are teaming up on faster AI chip tech, offering an alternative to TSMC and helping reduce supply shortages worldwide.
Rackspace jumped after partnering with AMD to build secure AI cloud for banks and hospitals using AMD + Nvidia chips for AI workloads.
AMD made record money thanks to AI chips, strong data center growth, and big deals, showing it’s becoming a serious Nvidia competitor.
HSBC downgraded AMD after a big rally. Stock looks expensive now, limited short-term upside, but long-term outlook still strong.
OpenAI missed growth targets, worrying investors as rivals rise and AI costs stay high, raising doubts about quick profits. Shares of SoftBank, Oracle, and AMD dropped sharply.
Analysts upgraded Intel and AMD on strong AI-driven CPU demand, raising targets and boosting shares in premarket trading.