Intel’s partnership with AWS is part of the chipmaker’s attempt to play catch-up. The new deal, along with a $3 billion grant from the US government to boost domestic chip making and make chips for the US military, “demonstrates the continued progress we are making to build a world-class foundry business,” Intel said in the statement.

The announcement comes after Intel secured up to $3 billion in direct funding under the US CHIPS and Science Act.

According to a report from Reuters, AMD is, once again, stepping up to design the next-gen chip for Sony’s upcoming console. An exclusive report revealed why AMD was chosen over

Try a single issue or save on a subscription Issues delivered straight to your door or device On the heels of the PS5 Pro reveal, multiple analysts reckon the PS6 and next-gen Xbox will return to and perhaps surpass the $600 mark that Sony and Microsoft have already hit with recent hardware.

Now, it's being reported Intel almost swooped in, as it was reportedly close to signing a deal to make the chips for the company's next-generation PlayStation 6, due in 2026 or so. Reuters has the paywalled scoop on the scuttled deal between Intel and Sony and states the PS6 contract could have been worth up to $30 billion for Intel,