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According to the report, the company experienced a 133% annual reduction in its earnings per share for the quarter. Intel Corporation (NASDAQ: INTC) reported its largest quarterly loss in its Q1 2023 financial results. The company’s shares initially rose on the report, after which it fluctuated in extended trading sessions. At
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Within a year of launching its Blockscale 1000 Series ASICs, Intel has continued to discontinue this product but shall take orders for the same up to October 20, 2023. A year after Intel officially announced the sale of its Bitcoin mining Blocksale ASICs, the company finally took the decision to
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Major United States-based technology company Intel has reportedly announced plans to discontinue its line of Blockscale Bitcoin mining chips as part of efforts to cut costs.According to an April 18 Reuters report, the semiconductor chip manufacturing company will stop taking orders for the Blockscale 1000 Series ASICs by Oct. 20
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Blockchain, the backbone of digital currencies and decentralized applications (dapps), has grown in popularity and adoption over the past few years. However, along with this growth comes a pressing need for enhanced security measures for protection
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Intel was working on developing the Intel Developer Cloud with 256 Xeon chips and 512 Gaudi chips for AI. Upon completion, AI developers will be able to use the technology to train and run new models. Shares of semiconductor corporation Intel Corporation (NASDAQ: INTC) began to pop amid the company’s
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