Shares of Amazon surged after its investments in AI seemed to bear fruit in its latest quarterly report. Amazon's progress quelled fears raised by Microsoft and Meta Platforms, which struggled to ...
Furthermore, Intel has struggled to gain traction in its external foundry business, notwithstanding the recent partnership with Amazon.com ... of $500M for its Gaudi AI chips.
Big Tech’s latest earnings season has come to a close just as quickly as it started. Alphabet (GOOG, GOOGL), Amazon (AMZN), AMD (AMD), Apple (AAPL), Intel (INTC), Meta (META), and Microsoft (MSFT) all ...