Foxconn (2317.TW), opens new tab said on Thursday it will work with U.S. chipmaker Intel (INTC.O), opens new tab ​to jointly develop and deploy next-generation AI ‌infrastructure and intelligent computing platforms in a move to capture booming demand for AI computing systems.

The personal computer market is facing its biggest shakeup in decades. At the Computex conference in Taiwan, Nvidia CEO Jensen Huang announced a massive expansion into the PC processor market with a brand-new, Arm-based chip designed to challenge Intel, AMD, Qualcomm, and Apple.

Nvidia, which has become the world’s most valuable company through its dominance in the AI chip market for data centers, is now expanding into the personal computer processor sector — a market long dominated by Intel, AMD, Qualcomm and Apple.

Intel, Micron, and Sandisk stocks extended their recovery on Wednesday, bouncing for a second consecutive day as semiconductor shares regained momentum ahead of Nvidia’s quarterly earnings report.

Nvidia is widely expected to deliver another blockbuster financial report on Wednesday, but an evolving AI landscape is raising critical questions about the longevity of its market dominance. After commanding a near-monopoly on the high-powered hardware used to train massive artificial intelligence systems, the chipmaking giant is facing a structural shift toward the "inference" market—where processors run live applications, field user queries, and execute real-time tasks.

A new rumor surrounding Tesla and its next-generation AI chips is drawing attention across the semiconductor industry, with speculation that the company could shift part of its future AI6.5 chip production from TSMC to Intel.

Intel (INTC.O), opens new tab has reached a preliminary deal with Apple to make some of the chips that power the iPhone maker's devices, the Wall Street Journal reported on Friday, in ​a major boost for the chipmaker's bid to revive its manufacturing business.

Apple and Intel have reportedly reached a preliminary deal for Intel to produce certain chips used in Apple devices, the Wall Street Journal reported Friday, citing sources familiar with the matter.

Apple has held early-stage discussions about potentially partnering with Intel and Samsung Electronics to manufacture the main processors used in its devices, according to a report citing people familiar with the matter.