TECH - Intel And AMD Are Going For A Bigger Role In The AI Era But At A Gradual Pace | Benzinga
Nvidia Corporation (NASDAQ: NVDA) undoubtedly had an early lead in the AI chip race, but its rivals are doing their best to challenge its dominance. 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 ...