INTC Oct 2024 55.000 put
- Yahoo Finance
Nvidia stock pops more than 3% after previewing next-gen Rubin AI chip
Nvidia stock rose 3% Monday after the company announced its next-generation Rubin AI platform.
- Bloomberg
Intel CEO Fires Back at Nvidia in Battle for AI Chip Leadership
(Bloomberg) -- Intel Corp. Chief Executive Officer Pat Gelsinger took the stage at the Computex show in Taiwan to talk about new products he expects will help turn back the tide of share losses to peers, including AI leader Nvidia Corp.Most Read from BloombergKey Engines of US Consumer Spending Are Losing Steam All at OnceGameStop Shares Surge as Gill’s Reddit Return Shows Huge BetMnuchin Chases Wall Street Glory With His War Chest of Foreign MoneyHomebuyers Are Starting to Revolt Over Steep Pri
- Reuters
Intel battles AMD with new data center chips
TAIPEI/SAN FRANCISCO -Intel launched its next generation Xeon server processors on Tuesday, as it looks to claw back data center market share and revealed that its Gaudi 3 artificial intelligence accelerator chips would be priced much lower than its rivals' chips. The sixth generation Xeon chips are crucial for Intel, which has been steadily losing data center market share to Advanced Micro Devices (AMD). Intel's share of the data center market for x86 chips has declined 5.6 percentage points over the past year to 76.4%, with AMD now holding 23.6%, according to data from Mercury Research.
