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Softbank Buys UK-based AI Chipmaker Graphcore
Nvidia Stock Rebounding After Selloff. But Its AI Chips Face This New Threat. -- Barrons.com
By Adam Clark Nvidia was edging up early on Friday. The chip maker looked to be stabilizing after a sharp drop the previous day. Nvidia shares were up 0.6% at $128.14 in premarket trading. The stock
Stock price fell 33% this year! Intel (INTC.US) executives reassured the market that software and AI chip business are expected to have a double harvest.
Zhī tōng cai jīng App learned that Greg Lavender, the chief technology officer of Intel (INTC.US), said that the company's progress in the software field is smooth. By the end of 2027, the company's cumulative software revenue may reach 1 billion US dollars. Lavender also said that the upcoming Gaudi 3 chip is expected to help Intel take the second position in the artificial intelligence (AI) chip market. Intel achieved software revenue of more than 0.1 billion US dollars in 2021. In the same year, CEO Pat Gelsinger poached from cloud computing company VMware.
Intel On Track For Cumulative Software Sales Of US$1 Billion By End 2027
Intel's push into software is going well and the company could have cumulative software revenue of US$1 billion by the end of 2027, Chief Technology Officer Greg Lavender told Reuters today. Intel made north of USD100 million in software revenue in 2021, the year Lavender was brought in from cloud computing company VMware by CEO [...]
Express News | Intel on Track for Cumulative Software Sales of $1 Billion by End 2027, Exec Says
INTC Vs. AMD: Which Semiconductor Stock Is the Better Buy?
In this piece, I evaluated two semiconductor stocks, Intel (NASDAQ:INTC) and Advanced Micro Devices (NASDAQ:AMD), using TipRanks’ Comparison Tool to see which is better.
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