SAN JOSE, Calif. â Two tech CEOs scrambling to produce more of the sophisticated chips needed for artificial intelligence met for a brainstorming session Wednesday while the booming marketâs early leader reported another quarter of eye-popping growth. Intel INTC , a Silicon Valley pioneer that has been struggling in recent years, laid out its plans …
Iâm bullish on Intel for three main reasons: the leadership of Chief Executive Pat Gelsinger, the companyâs strong ecosystem and Intelâs INTC ambitious foundry business â which has perhaps found the perfect moment to become the most important driver of Intelâs future. Open AI CEO Sam Altman drew widespread attention recently when he appealed for up …
Intel Corp.’s disappointing forecast for the first quarter includes another anticipated double-digit decline in the company’s data-center business, as the chip maker has yet to capitalize on its AI opportunity. Since its third-quarter earnings, Intel’s stock INTC, +0.94% has surged about 50%, in part due to the potential of providing chips for artificial intelligence. One …
Intel Corp.’s upcoming earnings report is expected to be a busy one as the chip maker discusses trends in the personal-computing and data-center markets, as well as the budding opportunity in artificial intelligence. The results, due out Thursday after the closing bell, come as Intel’s stock INTC, +0.44% has enjoyed a sharp 50%-plus move higher …
This year’s artificial-intelligence boom turned the landscape of the semiconductor industry on its head, elevating Nvidia Corp. as the new king of U.S. chip companies — and putting more pressure on the newly crowned company for the year ahead. Intel Corp. INTC , which had long been the No. 1 chip maker in the U.S., …
Silicon Valley legend John Chambers is sold on artificial intelligence, but he sees choppy times in its near future. “Going into 2024, it will be the decade of AI in front of us, which will dwarf the size of the internet and cloud eras combined,” Chambers, who runs venture fund JC2, said in an interview …