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Is Intel Corporation (INTC) AI News Update taking Wall Street by Storm?

By Yahoo! Finance   |   Nov 17, 2024 at 05:37 AM EST
Is Intel Corporation (INTC) AI News Update taking Wall Street by Storm?

AI startup xAI, owned by Elon Musk, is raising $6 billion at a $50 billion valuation to build a supercomputer with 100,000 NVIDIA chips. Intel Corporation is undergoing layoffs and restructuring to compete in the AI chip market.

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