Amazon.com, Inc. (NASDAQ:AMZN) helped enliven an otherwise flat session on Wall Street Tuesday. Shares of the e-commerce and technology juggernaut moved up slightly over 1% in late afternoon trading. Driving the push forward for AMZN stock was news of the underlying enterprise announcing a collaboration with chipmaker Intel Corp. (NASDAQ:INTC) at the start of the week.

According to Benzinga's Erica Kollmann, the online marketplace announced after yesterday's closing bell that Intel will produce an artificial-intelligence fabric chip for Amazon Web Services (AWS). This latest directive represents an expansion of a prior collaboration. Notably, AWS...