Latest line: A good week for Intel, a bad week for Joel Engardio
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Latest line: A good week for Intel, a bad week for Joel Engardio
"Struggling Santa Clara tech giant gets a big win as rival Nvidia agrees to invest $5 billion in a partnership between both companies to make AI chips for PCs and data centers. Intel stock jumps 23% the next day. Joel Engardio San Francisco supervisor becomes the latest Bay Area politician recalled from office, as Sunset-area voters angry at his support for more housing and turning the Great Highway into a park vote to remove him."
"Intel stock jumps 23% the next day. Joel Engardio San Francisco supervisor becomes the latest Bay Area politician recalled from office, as Sunset-area voters angry at his support for more housing and turning the Great Highway into a park vote to remove him. California High Speed Rail Authority CEO loses $4 billion after Trump pulls federal funds from the troubled project, but lands $1 billion a year from state lawmakers who extend cap-and-trade program."
Intel obtained a $5 billion investment from rival Nvidia to form a partnership focused on developing AI chips for PCs and data centers. Intel shares rose about 23% the following day. A San Francisco supervisor was recalled by Sunset-area voters upset over support for more housing and converting the Great Highway into a park. The California High Speed Rail Authority CEO lost $4 billion after federal funds were pulled, while state lawmakers extended cap-and-trade and provided roughly $1 billion per year to the project.
Read at The Mercury News
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