Intel (INTC) and Alphabet's (GOOG, GOOGL) Google Cloud expanded their partnership to deploy Gemini Enterprise across Intel's workforce and to run chip-design and engineering workloads on Google Cloud's infrastructure
Intel will use Gemini-based tools to automate engineering, supply-chain and corporate processes, while Google Cloud will provide the cloud systems needed to speed semiconductor development, the companies said Thursday.
Intel shares fell 5.4% in Thursday trading amid a broad decline in chip stocks, and Alphabet rose 0.2%.
Price: 97.39, Change: -5.60, Percent Change: -5.44
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