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AI News from ET - Altera returns to growth as AI, robotics fuel demand, CEO says

Vishwadeep Khatri
in AI News & Two Lenses

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Altera, a chip maker spun from Intel, is experiencing significant annual growth. The company anticipates strong performance driven by artificial intelligence and robotics applications. Altera is also preparing for a potential public listing in the near future. They have reduced reliance on Intel and are using advanced memory technology. This strategic positioning aims to capitalize on future market opportunities.

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