Advertisement

Intel, Google Cloud Introduce Co-Developed Chip

  • Intel Corp (NASDAQ: INTC) and Alphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGLGoogle Cloud launched a co-designed chip that can make data centers more secure and efficient.

  • The E2000 chip, code-named Mount Evans, takes over the work of packaging data for networking from the expensive central processing units (CPU) that do the primary computing, Reuters reports.

  • It also offers better security between different customers that may be sharing CPUs in the cloud, the report quoted Google's VP of engineering, Amin Vahdat.

  • While the new chip was co-developed with Google, Nick McKeown, who leads Intel's Network and Edge group, noted Intel can offer the E2000 to other customers.

  • Google Cloud offered the E2000 in a new product called C3 VM, which Intel's fourth-generation Xeon processors will power, said Vahdat.

  • Xeon chips are Intel's most powerful CPUs, and Google Cloud is the first cloud service to deploy the latest generation of those chips, the report cited Intel.

  • Samsung Electronics Co, Ltd (OTC: SSNLF) looks to expand its advanced chips production capacity by more than threefold by 2027 to meet strong demand despite global economic headwinds.

  • Samsung targets the commercialization of advanced 2-nm technology chips by 2025 and 1.4-nm chips by 2027, set for high-performance computing and artificial intelligence applications.

  • Price Action: INTC shares traded lower by 1.90% at $24.72 on the last check Tuesday.

  • Photo Via Company

See more from Benzinga

ADVERTISEMENT

Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.