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Analysis: Intel’s AI Chip Efforts Stall As AMD Gets A Boost Against Nvidia
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.
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A year on, Intel's touted AI-chip deals have fallen short
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 ...
Nvidia Takes Intel’s Spot on Dow Index as AI Thrives
Nvidia is replacing Intel on the Dow Jones Industrial Average: Here’s why and what that means
Nvidia ousts Intel from Dow Jones Index after 25-year run
On Friday, S&P Dow Jones Indices announced that AI chipmaker Nvidia will replace Intel in the Dow Jones Industrial Average, marking a seismic shift in the semiconductor industry and ending Intel's 25-year run on the prestigious stock market index.
Intel’s Gaudi AI chips are far behind Nvidia and AMD, won’t even hit $500M goal
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,
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Nvidia to replace Intel in Dow Jones as AI industry shifts
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 Gives Strong Guidance but CEO Says Chip Maker Is ‘Not Going to Achieve’ AI Forecast
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.
Intel: Don't Bet On The Wrong Horse In The AI Race
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.
The Associated Press on MSN4d
Nvidia replaces Intel on the Dow index in AI-driven shift for semiconductor industry
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 Comeback Story Gains Momentum
Intel’s revenue reached $35.9 billion YTD 2024, growing 6.2%, while operating margins rose to 27%, showing cost management improvements. Core Ultra 200V and 200S processors address AI demand in mobile and desktop markets, with a projected 100 million AI ...
tom's Hardware on MSN6d
Ryzen AI 300 takes big wins over Intel in LLM AI performance — up to 27% faster token generation than Lunar Lake in LM Studio
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.
First the Coffee Went, Then the Jobs: Intel Lays Off Hundreds of Workers
Intel is set to let several hundred employees go at three separate sites in Israel, with global layoffs set to top 15,000 over the next few months.
AMD silently bumped up memory specifications for Ryzen AI 300 CPUs — Strix Point now supports LPDDR5X-8000 as opposed to LPDDR5X-7500
A new ultraportable notebook from HP with the AMD Ryzen AI 300 "Strix Point" processor, set for release this December, features LPDDR5X-8000 memory which is a step up from the standard LPDDR5X-7500.