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Foxconn announces strategic collaboration with Intel on next-gen AI infrastructure
Reuters65d agoneutral
Foxconn announces strategic collaboration with Intel on next-gen AI infrastructure

TAIPEI, June 4 () - Taiwan's ‌Foxconn announced ‌on Thursday a ​strategic collaboration with Intel to jointly develop ‌and ⁠deploy next-generation AI infrastructure ⁠and intelligent computing platforms. Foxconn, ​the ​world's ​largest contract ‌electronics manufacturer, said in a statement that the partnership ‌aims ​to ​create ​comprehensive AI ‌solutions spanning silicon, ​rack, ​system and application layers.

Foxconn and Intel team up to build next-gen AI systems
Reuters65d agoneutral
Foxconn and Intel team up to build next-gen AI systems

Foxconn said on Thursday it will work with U.S. chipmaker Intel ‌to jointly develop and deploy next-generation AI infrastructure ‌and intelligent computing platforms in a move to capture booming ​demand for AI computing systems. Taiwan's Foxconn, the world's largest contract electronics manufacturer, said in a statement that the partnership would combine Intel's chip technology with Foxconn's manufacturing ‌and system-building expertise. The ⁠companies plan to work on equipment used in AI data centres, including server ⁠racks powered by Intel Xeon processors and AI accelerator chips.

Qualcomm stock under pressure as Nvidia unveils new product
TheStreet65d agoneutral
Qualcomm stock under pressure as Nvidia unveils new product

Qualcomm's stock was under pressure on June 1 after Nvidia CEO Jensen Huang made a surprise move that rattled the PC chip market. At Taiwan's annual Computex conference, Huang shared that Nvidia (NVDA) is entering the personal computer processor market with a new chip developed in partnership with ...

TSMC boss upbeat on outlook as AI boom shows no sign of easing
Reuters65d agoneutral
TSMC boss upbeat on outlook as AI boom shows no sign of easing

Taiwan's TSMC, the world's largest contract chipmaker, said on ‌Thursday it is confident in its growth ‌over the next few years, driven by robust demand for ​computing power and advanced semiconductors, as it rides an AI boom. Chief Executive C.C. Wei, speaking at TSMC's annual shareholders' meeting in the northern Taiwanese city ‌of Hsinchu, added ⁠that its customers continue to express a positive outlook for the AI industry. Taiwan has taken centrestage this week as it hosts the annual Computex conference, where leaders of some of the world's most powerful tech ‌companies are gathering, with executives ​from the likes of Nvidia ​to Intel praising ​the island's central role in the ‌global supply chain.

Has Ferrari Lost Its Mind?
Motley Fool65d agoneutral
Has Ferrari Lost Its Mind?

The first-ever fully electric Ferrari has been announced, and it’s already being widely criticized for its very un-Ferrari design.

Move Over, Magnificent 7. Traders Are Flocking to SanDisk, Marvell, Micron, and the Parabolic 7
24/7 Wall St.65d agoneutral
Move Over, Magnificent 7. Traders Are Flocking to SanDisk, Marvell, Micron, and the Parabolic 7

The Magnificent 7 has a new challenger. Strategist Ben Emons, in a post amplified by Bloomberg’s Joe Weisenthal on X, has dubbed a basket of seven semiconductor and AI-hardware names the “Parabolic 7.” Weisenthal’s shared data suggests that the group has vastly outperformed both the Magnificent 7 and the SOX semiconductor index since mid-2025. The ... Move Over, Magnificent 7. Traders Are Flocking to SanDisk, Marvell, Micron, and the Parabolic 7