The chip giant stepped back from the program last week, the Journal said, adding that it could still revamp the initiative later or fold it into another program.

The chipmaker has been the biggest beneficiary of the race to build AI infrastructure. Recently, though, its stock has come under pressure as the company has pumped billions of…

It also announced an expansion of its partnership with Amazon’s cloud computing unit, Amazon Web Services. Read more at straitstimes.com. Read more at straitstimes.com.