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Intel (INTC) Lands An Early Edge AI Win With Kontron Panther Lake Rollout
Simply Wall St.62d agoneutral
Intel (INTC) Lands An Early Edge AI Win With Kontron Panther Lake Rollout

Kontron AG is adopting Intel’s new Core Ultra Series 3 (Panther Lake) chips in edge AI systems for robotics, automation, and defense. This marks one of the first major real-world deployments of Intel’s latest consumer and industrial AI processors. The collaboration focuses on high-performance, compact, and secure AI products at the edge, using Intel’s combined CPU, GPU, and NPU architecture. For investors watching NasdaqGS:INTC, this move brings Intel’s newest Core Ultra Series 3...

SpaceX  Launches Start of Acquisition Spree with Cursor After Historic IPO
24/7 Wall St.62d agoneutral
SpaceX  Launches Start of Acquisition Spree with Cursor After Historic IPO

The market has spent years viewing SpaceX (NASDAQ:SPCX) primarily as a rocket company, but that narrative no longer fits. The company’s historic IPO, which raised $85.7 billion after underwriters exercised the so-called “greenshoe” overallotment — with the stock currently valued at more than $2.7 trillion — revealed a business pursuing ambitions that stretch far beyond ... SpaceX Launches Start of Acquisition Spree with Cursor After Historic IPO

Intel Foundry: Geopolitics Got It Here. Now The Tech Has To Deliver
Trefis62d agoneutral
Intel Foundry: Geopolitics Got It Here. Now The Tech Has To Deliver

Intel's (INTC) stock has risen roughly sixfold from its 2025 lows, trading at over $120 per share. The move reflects a fundamental rethinking of Intel's foundry business, which has received a vote of confidence from the U.S. government and marquee customers, who reportedly include Nvidia (NVDA), Tesla (TSLA) and Google (GOOG). With fabs in Arizona and Oregon, Intel is the only American company that both designs and manufactures leading-edge chips on U.S. soil, giving it a geopolitical hedge that

US supercomputer taps Intel spinout Cornelis Networks for networking chips
Reuters63d agoneutral
US supercomputer taps Intel spinout Cornelis Networks for networking chips

Cornelis, an Intel spinout developing networking technology aimed at data centers, ‌on Tuesday said that its chips are now being ‌used by a U.S. supercomputer used for nuclear weapons work. Under the National Nuclear ​Security Administration, a trio of U.S. national labs works to develop and maintain the nation's nuclear weapons with extremely accurate computer simulations of nuclear reactions, one of the most demanding tasks in the ‌entire computing industry. Lawrence ⁠Livermore National Laboratory said Tuesday that it has tapped Cornelis chips to connect 952 computers in ⁠its new "Lynx" system.