We recently compiled a list of the Goldman Sachs’ 35 AI Superstars. In this article, we are going to take a look at where Intel Corporation (NASDAQ:INTC) stands against the other AI stocks. In September 2024,
Retired Intel CEO Pat Gelsinger said "the markets are getting it wrong" Monday after investors triggered a sell-off in response to China's DeepSeek.
The DeepSeek technology has the potential of bringing more people into world of AI and expanding the transformative power of AI to a broader audience.
DeepSeek's $6M AI breakthrough sent shockwaves through the market, but Gelsinger says investors are getting it all wrong.
The industry expects the resource-light new model could usher in a wave of more efficient AI models, hurting demand for AI hardware.
The tech industry's reaction to AI model DeepSeek R1 has been wild. Pat Gelsinger, for instance, is elated and thinks it will make AI better for everyone.
As mentioned, Qualcomm's chipsets have long led the chipset market. As the 5G upgrade cycle has cooled, the company has pivoted to designing AI-enabled chips. To that end, it has developed the Snapdragon 8 Gen 3 chip for this purpose, and it should improve on its capabilities with the upcoming release of a Gen 4 chip.
Intel will report its Q4 earnings
Intel channel partners told CRN that the chipmaker is making the right move by boosting partner funding while citing concerns about its future and its ability to compete with Nvidia in the AI chip market.
Intel will face investor scrutiny on its CEO search when it reports quarterly results on Thursday, as the chipmaker stares at another big decline in revenue due to weak PC sales and its shrinking share in the datacenter market.
AI inference has long been a focus area for former Intel CEO Pat Gelsinger; that interest continues in his post-Intel investment in AI startup Fractile.
Former Intel CEO Pat Gelsinger has gone further on his DeepSeek commentary, saying in a post on LinkedIn that he has purchased shares of Nvidia and other AI-related stocks due to the development. Read more here.