Intel lost $42B in market value after revealing it might not make its own next-gen chipsets

Intel stock plunged on Friday after the US computing giant revealed a third-party manufacturer might make its next generation chipsets — wiping $41.72 billion from its market value. The announcement sent traders flocking to Intel‘s rivals. Taiwan’s TSMC, the world’s largest chipmaker by market cap, grew by $33.8 billion on Friday, while AMD added $11.5 billion. According to Bloomberg, TSMC’s 10% rally sent its stock to its highest point since 1990, ranking it the 12th most valuable stock in the world, tech or otherwise. TSMC produces chipsets for AMD, among others. Remarkably, AMD’s stock surge mirrored Intel‘s losses; $AMD closed the day up 16%, $INTC down…

This story continues at The Next Web

Or just read more coverage about: Intel

from The Next Web https://ift.tt/3hExDDH

Comments

TNW Podcast: Boris comes over to co-host; Slack’s Cal Henderson talks European tech

Welcome to the new episode of the TNW Podcast — the show where we discuss the latest developments in the European technology ecosystem and feature interviews with some of the most interesting people in the industry. In today’s episode, Andrii is joined by Boris Veldhuijzen van Zanten, co-founder, member of the board, and former CEO of TNW. The topics discussed include the jobs created by Dutch startups, giant state funding for energy projects, translations of the word ‘computer’, and a bunch of other things in between. In the interview section, we’re featuring a conversation with Cal Henderson, co-founder and… This story continues at The Next Web from The Next Web https://ift.tt/jUgcNFD

NotJordanPeterson lets you generate uncannily realistic Jordan Peterson sound bites

Love him or hate him, Canadian psychologist Jordan Peterson has undeniably captivated the interest of supporters and critics alike, earning a reputation as a “rock star” academic – similarly to his colleague and debate rival Slavoj Zizek. Now he’s being replicated, by AI. While you can easily find hours of footage with Peterson, none of what you hear in this piece comes from his mouth. Instead, it’s been produced by a neural network – called NotJordanPeterson – which has been trained to mimic the voice of the psychologist. And the resemblance is… absolutely uncanny. Check out these examples we generated… This story continues at The Next Web from The Next Web https://ift.tt/306hAGA

A massive cache of stolen OnlyFans videos have been dumped online

Someone has leaked terabytes of content stolen from OnlyFans, a subscription site popular among influencers, sex workers, and pornographic actors. Photos and videos of specific users and performers is now out from behind the site’s paywall, meaning content creators are no longer able to profit from their work. And it doesn’t seem like there’s anything they can do. If you’re unfamiliar with OnlyFans (be honest with me now), it’s a site where viewers can pay a fee to view photos and videos put up by content creators. Ostensibly it would allow the latter to profit from their work, but it’s… This story continues at The Next Web from The Next Web https://ift.tt/2PvNCIG

Technology News Era

Search This Blog