Reported 1 day ago
Intel Corporation is revamping its AI strategy and plans to expand its foundry services for clients like NVIDIA. This shift comes as billionaires and hedge funds adjust their investment strategies in response to new tariffs aimed at protecting US manufacturing, which have negatively impacted global markets and led to cautious positions among investors. Despite recent economic optimism surrounding AI, the company, under new CEO Lip-Bu Tan, aims to strengthen its role in the AI sector while navigating current market challenges.
Source: YAHOO