We will not achieve our target of $500 million in revenue for Gaudi in 2024,” CEO Pat Gelsinger just said on the company’s Q3 ...
Intel's upbeat revenue projections on Thursday masked a sore point for the embattled company: chips touted for artificial ...
Intel's extensive presence in the enterprise will be an edge as it focuses its AI strategy on this segment. Learn why INTC ...
NEW YORK - In 2005, there was no inkling of the artificial intelligence (AI) boom that would come years later. But directors at Intel, whose chips served as electronic brains in most computers ...
Intel’s share price has dropped more than 50% so far this year to $23.20. On Thursday, the California chipmaker reported third-quarter revenue of $13.3 billion, down 6% from the same period last ...
And in the field of AI, there is another arena of some commonality between Intel and AMD, as both companies are behind Nvidia in AI and looking to catch up. Intel's forays into AI chips ...
While the upbeat total revenue forecast pushed up Intel shares by about 5% in early trading on Friday, its stock remains more than 50% lower for the year as the chipmaker misses out on the AI boom ...
The Gaudi disappointment underscores Intel's persistent AI travails, years after it declined to pick one strategy that could counter its skyrocketing rival Nvidia. It also shows challenges Intel ...