Products to start shipping out this quarter

Following in Apple’s footsteps

Expected $6.8bn profits for quarter lower than company hoped for

Will use funds to increase data center capacity and launch new inference platform

Chips will be used for military applications

Company said product unit was not for sale

Investment in project will total around $11bn

Funding awarded under Small Business Innovation Research program

Company currently employs more than 3,000 people in the country

Plans to start selling products in 2027

Could include proposal to shed Altera chip unit or shelve German chip fab

CFO Colette Kress told analysts Blackwell demand is outpacing supply

Follows an investment round in May

Company planning to invest $18bn across the two states

Sales comes weeks after Intel posted Q2 2024 financial woes

Offerings now available for licensing

Considering whether the transaction could lessen competition in the UK

Project has been scrapped by Labour government

Collaboration between 36 partners from 11 countries

Company says automation will cut delivery times by one-third

Company planning to invest $5.5bn in the region over five-year period

Claims solution will take a year of typical build time

First European quantum firm to close a Series C round

Will be used to support chip manufacturer’s $3.87bn HBM plant in West Lafayette, Indiana