The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Intel stock soars almost 25% in one week after JD Vance' new comments on the chip maker's AI future

News Snapshot:

Intel has not had a good few years, but things might be looking up for the beleaguered chip maker. Over the past year, Intel has laid off thousands upon thousands of staff, following its disastrous attempts to build a home-grown chip fabrication business, typically known as Intel Foundry. The firm saw its valuation practically wiped out over the past few years as a result, with its market cap shrinking to lows not seen since the mid 90s. Investors have largely been placing their bets on NVIDIA in the artificial intelligence wars, given that the server technology built by the firm…

Other China Tech Buzz: