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SoftBank subsidiary to work with Intel on next-gen memory for AI [CNBC]

Intel Corporation (INTC)  More Company Research Source: CNBC
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Prototypes are planned for 2028, with commercialization targeted for fiscal 2029. Energy efficiency is a key focus as AI-driven memory demand strains global supply chains. In this article Saimemory, a subsidiary of multinational investment giant SoftBank , has signed a collaboration agreement with American chipmaker Intel Corp. to advance the commercialization of next-generation memory technology, the companies announced Tuesday. The partnership focuses on next-generation memory technologies that can support the growing demands of artificial intelligence and high-performance computing. The effort is currently known as the “Z-Angle Memory program,” or ZAM. Prototypes are expected by the fiscal year ending March 31, 2028, with commercialization targeted for fiscal 2029, according to a SoftBank press release Shares of SoftBank rose 3.13%, while Intel stock rose 5% in overnight trading on Robinhood following the announcement. SoftBank Group Corp Saimemory, established in [Read more]
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Stockreport

SoftBank subsidiary to work with Intel on next-gen memory for AI [CNBC]

Intel Corporation  (INTC) 
More Company Research Source: CNBC
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Prototypes are planned for 2028, with commercialization targeted for fiscal 2029. Energy efficiency is a key focus as AI-driven memory demand strains global supply chains. In this article Saimemory, a subsidiary of multinational investment giant SoftBank , has signed a collaboration agreement with American chipmaker Intel Corp. to advance the commercialization of next-generation memory technology, the companies announced Tuesday. The partnership focuses on next-generation memory technologies that can support the growing demands of artificial intelligence and high-performance computing. The effort is currently known as the “Z-Angle Memory program,” or ZAM. Prototypes are expected by the fiscal year ending March 31, 2028, with commercialization targeted for fiscal 2029, according to a SoftBank press release Shares of SoftBank rose 3.13%, while Intel stock rose 5% in overnight trading on Robinhood following the announcement. SoftBank Group Corp Saimemory, established in [Read more]
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