Intel wins latest race in chip uses for the cloud, says KeyBanc Capital Markets [Yahoo! Finance News]
Intel Corporation (INTC)
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Source: Yahoo! Finance News
Chip giant Intel Corp. is leading growth in cloud technology, according to new research from KeyBanc Capital ., In May, cloud instances resumed solid sequential growth, KeyBanc said, increasing 3% from April and 26% compared with the same period last year. This was led mostly by instances harnessing Intel processors, which increased 4% from April and 18% on the same period last year. The growth was mostly fueled by use of Intel’s Ice Lake processor, which grew 10% month-over-month and 71% year-over-year thanks largely to use in Amazon.com Inc.’s, See NowNvidia unveils Ampere GPU architecture for AI boost, and the first target is coronavirus“We view these results as moderately positive for , given modest share gains in cloud for the first time since September 2021,” wrote KeyBanc analyst John Vinh, in a note released Thursday.Cloud instances that used Nvidia Corp., , , cloud instances grew 1% from April and 116% year-over-year. Use of the
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