--- title: "Amazon's AI Chip Expansion, Intel's New Hire And Google's Loss: This Week In Tech" type: "News" locale: "en" url: "https://longbridge.com/en/news/290352561.md" description: "This week in tech saw Amazon expand its Trainium AI chip strategy beyond AWS, while Intel appointed former SK Hynix CEO Seok-Hee Lee as executive vice president. Meanwhile, Google's Gemini co-lead Noam Shazeer left for OpenAI. Other developments included Meta, TikTok, and YouTube facing a legal challenge over parental consent laws, and AT&T encountering regulatory pushback regarding its copper exit plan." datetime: "2026-06-21T13:01:38.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/290352561.md) - [en](https://longbridge.com/en/news/290352561.md) - [zh-HK](https://longbridge.com/zh-HK/news/290352561.md) --- # Amazon's AI Chip Expansion, Intel's New Hire And Google's Loss: This Week In Tech This week was a rollercoaster ride for the tech industry, with significant developments from major players like **Amazon.com Inc.** (NASDAQ:AMZN), **Meta Platforms Inc.** (NASDAQ:META), **AT&T Inc.** (NYSE:T), **Intel Corp.** (NASDAQ:INTC) and **Alphabet Inc.** (NASDAQ:GOOG) (NASDAQ:GOOGL). ## **Amazon’s AI Chip Strategy Takes A Leap** Amazon is expanding its Trainium AI chip strategy beyond its cloud computing service, AWS. The company’s AI chief, **Peter DeSantis**, revealed that discussions with potential customers have begun, although he did not disclose their identities. This move comes as investors embrace a broader risk-on trade, leading to a surge in technology stocks. Read the full article here. ## **Meta, TikTok And YouTube Face Legal Challenge** A federal appeals court has given Ohio the green light to enforce a law requiring social media platforms to obtain parental consent before allowing users under 16 to access their services. This decision overturns a lower court ruling that had previously blocked the Social Media Parental Notification Act from taking effect. Read the full article here. **Read Also: Anthony Scaramucci Says He Cuts His Kids Off Mid-Sentence When They Use These Two Words — And Investors Should Avoid Them Too** ## **AT&T’s Copper Exit Plan Hits A Snag** AT&T’s plan to exit copper is facing resistance from the California Public Utilities Commission (CPCU). The state agency argues that AT&T is trying to evade its obligations as a carrier of last resort and ensure access to basic telephone service. Read the full article here. ## **Intel Appoints Former SK Hynix CEO** Intel has appointed former **SK Hynix** and **SK On** CEO **Seok-Hee Lee** as executive vice president of its contract chip-manufacturing business. Lee will report directly to CEO **Lip-Bu Tan** and oversee advanced packaging, system integration, back-end technology development, and back-end manufacturing. Read the full article here. ## **Google’s Gemini Co-Lead Joins OpenAI** **Noam Shazeer**, Vice President of Engineering and Gemini co-lead at **Google DeepMind**, is leaving to join **OpenAI**. Shazeer expressed his excitement about joining OpenAI and acknowledged the difficulty of his decision to leave Google. Read the full article here. _Phot courtesy: Shutterstock_ **_Disclaimer_:** _This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors._ **Read Also: Direxion Daily Semiconductors Top 5 Bull/Bear ETFs: Bulls Vs Bears** ### Related Stocks - [INTC.US](https://longbridge.com/en/quote/INTC.US.md) - [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md) - [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md) - [T.US](https://longbridge.com/en/quote/T.US.md) - [AMZN.US](https://longbridge.com/en/quote/AMZN.US.md) - [META.US](https://longbridge.com/en/quote/META.US.md) - [04335.HK](https://longbridge.com/en/quote/04335.HK.md) - [GGLS.US](https://longbridge.com/en/quote/GGLS.US.md) - [GOOW.US](https://longbridge.com/en/quote/GOOW.US.md) - [AMZU.US](https://longbridge.com/en/quote/AMZU.US.md) - [METW.US](https://longbridge.com/en/quote/METW.US.md) - [AMZW.US](https://longbridge.com/en/quote/AMZW.US.md) - [GGLL.US](https://longbridge.com/en/quote/GGLL.US.md) - [AMZD.US](https://longbridge.com/en/quote/AMZD.US.md) - [METD.US](https://longbridge.com/en/quote/METD.US.md) - [INTW.US](https://longbridge.com/en/quote/INTW.US.md) - [METU.US](https://longbridge.com/en/quote/METU.US.md) - [INYY.US](https://longbridge.com/en/quote/INYY.US.md) - [MAGX.US](https://longbridge.com/en/quote/MAGX.US.md) - [03121.HK](https://longbridge.com/en/quote/03121.HK.md) - [GOOY.US](https://longbridge.com/en/quote/GOOY.US.md) - [GOU.US](https://longbridge.com/en/quote/GOU.US.md) - [GOOX.US](https://longbridge.com/en/quote/GOOX.US.md) - [GOOP.US](https://longbridge.com/en/quote/GOOP.US.md) - [LINT.US](https://longbridge.com/en/quote/LINT.US.md) - [AMZO.US](https://longbridge.com/en/quote/AMZO.US.md) - [AMZY.US](https://longbridge.com/en/quote/AMZY.US.md) - [AMZZ.US](https://longbridge.com/en/quote/AMZZ.US.md) - [AZYY.US](https://longbridge.com/en/quote/AZYY.US.md) - [AMZP.US](https://longbridge.com/en/quote/AMZP.US.md) - [FBL.US](https://longbridge.com/en/quote/FBL.US.md) - [FBY.US](https://longbridge.com/en/quote/FBY.US.md) - [FBYY.US](https://longbridge.com/en/quote/FBYY.US.md) - [OpenAI.NA](https://longbridge.com/en/quote/OpenAI.NA.md) - [T-A.US](https://longbridge.com/en/quote/T-A.US.md) - [TBB.US](https://longbridge.com/en/quote/TBB.US.md) - [T-C.US](https://longbridge.com/en/quote/T-C.US.md) ## Related News & Research - [Meta's CTO says morale is almost 'the worst it's ever been'](https://longbridge.com/en/news/289961445.md) - [Intel Advances Next Generation 18A-P Chip to Risk Production. 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