While Intel said it will miss its modest 2024 revenue goal for Gaudi processors, rival AMD upgraded its full-year sales forecast for Instinct GPUs to a much higher number in the Nvidia-dominated data center AI chip market.
Nvidia is set to replace Intel on the Dow Jones Industrial Average on Nov. 8. The switch highlights Nvidia's rise in AI chips as Intel's influence wanes. Nvidia’s partnerships and booming demand have driven record-breaking revenue growth. Nvidia is set ...
Intel stock's improved outlook has mitigated recent selling intensity. Still, I argue why betting on the wrong horse (INTC) isn't wise, as the AI growth inflection takes center stage.
Intel's extensive presence in the enterprise will be an edge as it focuses its AI strategy on this segment. Learn why INTC stock is a Buy.
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 and struggles with a turnaround. The Gaudi disappointment ...
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 2024 earnings call today. Though Intel just launched its recent Gaudi 3 accelerator this past quarter,
Intel stock rises on a strong forecast but CEO Pat Gelsinger tells Barron’s that the company will miss its prior forecast for AI sales.
Nvidia is replacing Intel on the Dow Jones Industrial Average, ending a 25-year-run for a pioneering semiconductor company that has fallen behind as Nvidia cornered the market for chips that run artificial intelligence systems NEW YORK -- Nvidia is ...
Intel’s AI PC and server processor business and its Intel Foundry business are seeing wins that CEO Pat Gelsinger said will help take the company forward.
A new AMD blog post shows off Ryzen AI 9 HX 375's performance on LM Studio, a desktop app for hosting powerful LLMs locally. The Ryzen chip handily beats the Intel Core Ultra 7 258V in a bevy of performance tests.
We recently published a list of 15 Trending AI Stocks on Latest Analyst Ratings and News. In this article, we are going to take a look at where Intel Corporation (NASDAQ:INTC) stands against other trending AI stocks on the latest analyst ratings and news.