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from24/7 Wall St.
1 day ago

AMD Is Up 8% Today: Is It Outperforming Other Chip Stocks Like Intel and NVIDIA?

AMD shares rise 8% midday after a pullback, supported by strong Q1 2026 revenue growth and accelerating AI infrastructure demand.
Artificial intelligence
fromTechzine Global
5 months ago

Intel nears SambaNova deal, where CEO Lip-Bu Tan is already chairman

Intel has signed a non-binding letter of intent to acquire SambaNova Systems for under $5 billion, with the deal still subject to legal and financial review.
fromWIRED
5 months ago

Intel Takes Major Step in Plan to Acquire Chip Startup SambaNova

Intel has signed a term sheet to acquire the AI chip startup SambaNova Systems, two sources with direct knowledge of the agreement tell WIRED. The details of the term sheet are unknown. The agreement is non-binding, meaning the deal is not yet finalized and could be dissolved without penalty. It could take weeks or even months before regulatory approval, liability scrutiny, and financial due diligence are complete.
Tech industry
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