The better performance came as its chip division, is expected to report its first quarterly profit in five quarters, as memory chip prices bounce back from a deep trough
The updated rules also are meant to cover AI chips as technology evolves
Amazon says making its own chips will give customers more cost-effective computing power than they could get by renting time on processors
Chipmakers that focus mainly on older technology for mainstream use are seeing a more dramatic slowdown
Outsourcing manufacturing would mark a major shift in Intel’s business model