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Stock impact report

Intel's former CEO says Nvidia got 2 things right [Yahoo! Finance]

Broadcom Inc. (AVGO) 
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Company Research Source: Yahoo! Finance
Intel's new CEO, Lip-Bu Tan, acknowledged the company's issues in an address last month. Ex-Intel CEO Pat Gelsinger said that Nvidia — one of Intel's top foes — is doing two things well to stay ahead of the competition. Gelsinger said Nvidia's cofounder and CEO , Jensen Huang, has figured out how to execute well and build a competitive advantage around his artificial intelligence products. Gelsinger was speaking about Nvidia on an episode of Yahoo Finance's Opening Bid released on Monday. "They are executing well," Gelsinger , who led Intel until December, said. "At the end of the day, Jensen is on it — driving his teams to stay in the front end." Gelsinger said that Nvidia has managed to "run hard to stay in the front" in the silicon AI accelerator market. The market for AI chips made by Nvidia, Intel, and others has boomed because of huge spending from big companies and the explosion of AI startups. "I can't throw a rock right without hitting a new AI startup in the Bay A Show less Read more
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