TECH - Intel Takes On Qualcomm And Nvidia With Its Foray Into AI-Equipped Automotive Chips | Benzinga
On Tuesday, Intel Corporation (NASDAQ:INTC) announced its entry into the automotive semiconductor market with the launch of AI-equipped chips for cars. The move will see the tech giant competing with the likes of Qualcomm Inc (NASDAQ:QCOM) and Nvidia Corp (NASDAQ:NVDA).
What Happened: Intel plans to release automotive versions of its latest AI-enabled chips, a direct challenge to its competitors’ dominance in the semiconductor market for future vehicle processors, Reuters reported on Wednesday.
Additionally, the company announced its acquisition of Silicon Mobility, a French startup specializing in system-on-a-chip technology and software for electric vehicle motors and onboard charging systems. The purchase amount was not disclosed.
Jack Weast, Intel’s automotive business chief, disclosed that Chinese automaker Zeekr would be the first to utilize Intel’s AI system-on-a-chip to create an “enhanced living room experience” in vehicles.
Intel’s new ...