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Intel And AMD Are Going For A Bigger Role In The AI Era, But At A Gradual Pace [Yahoo! Finance]
Last intel corporation earnings: 4/23 04:07 pm
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US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
After more than one failed attempt to discreetly enter the GPU arena, Intel Corporation (NASDAQ: INTC ), the largest producer of PC and server CPUs, might be slow but seems to be playing the long game. Then there's Advanced Micro Devices (NASDAQ: AMD ) who is already promising to challenge Nvidia with its new chips. Intel is playing the long game. According to PassMark Software, Intel still controls 64% of the x86 CPU market, but it has undoubtedly given a lot of market share to AMD over the years. AMD pulled ahead with cheaper and more advanced CPUs while Intel struggled to manufacture smaller, denser, and more power-efficient CPUs on its own, grappling with delays and shortages. Shares tumbled upon its latest quarterly report as sales were short of estimates and Intel provided a weak forecast for the current quarter. But, Gaudi 3 release is expected to bring in more than $500 million in sales during the second half of the year. Intel is also setting itself apart from AMD and
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