AMD (AMD) unveiled its next-generation MI400 chips at its "Advancing AI" event Thursday. The chip isn't expected to launch until 2026, but it already has some high-profile customers, including OpenAI.

The near-term plan from new Intel (NASDAQ:INTC) Chief Executive Lip-Bu Tan may include a recommitment to the embattled chipmaker's focus on design and a boost to its foundry unit by adding some ...