Intel and Amazon Web Services to co-invest in new chip designs

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Intel and Amazon Web Services to co-invest in new chip designs
Amazon Web ServicesChip DesignsAI Fabric Chips
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Intel has announced a planned co-investment with Amazon Web Services in custom chip designs .The partnership reaffirms Intel's commitment toconstructingits

The partnership reaffirms Intel 's commitment toThe announcement comes as concerns about Intel have rose nationwide. In August, the company announced it would be cutting 15% of its global workforce.

When Intel first announced it would be breaking ground in Licking County, the company had set a goal of 2025 for project completion. In February, Intel told ABC6 In a media release, Intel said it's committed to the New Albany area where it plans to build leading edge semiconductor manufacturing, and AWS plans invest $7.8 billion to expand its data center operations in Central Ohio.

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