By Natalia Rueda 
In a competitive business environment where rumors and expectations abound, the recent announcement of the alliance between Amazon and Intel has given a strong boost to both companies and surprised the technology market. These two giants have decided to join forces to leverage their common interests and boost innovation in the sector.
The collaboration between Amazon’s AWS, one of the world’s largest computing platforms, and Intel, a leading chip manufacturing company, has been hailed as a “multi-billion dollar deal” that defies conventional market boundaries. This strategic collaboration will enable the development of a customized semiconductor for artificial intelligence (AI) applications, using the advanced 18A manufacturing process. This agreement will benefit both companies by combining Intel’s vast technological expertise with Amazon’s extensive cloud infrastructure.
Stock market response
The stock market has reacted favorably to this news, evidenced by the immediate increase of more than 5% in the value of Intel’s stock. In addition to strengthening Amazon’s capabilities in the field of artificial intelligence, this alliance underscores the crucial role played by Intel in contemporary technology applications.
Moreover, this strategic alliance sheds light on Intel’s corporate strategies, as it has been speculated that the company will reduce or sell two-thirds of its global real estate this year. This collaboration agreement demonstrates a pragmatic shift in Intel’s approach to innovation and technology, reflecting its commitment to staying ahead in an ever-evolving technology marketplace.