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Intel and AWS to expand chip making collaboration, Intel shares surge

By Max A. Cherney (Reuters) -Intel (INTC) and Amazon’s (AMZN) AWS said on Monday they would expand their collaboration, including a co-investment in custom chip designs, under a multi-year, multi-billion-dollar framework. Intel’s shares were up 9% in extended trading. Intel CEO Pat Gelsinger released a memo to employees announcing that …

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