Intel (INTC) and Karma Automotive to Develop SDVA Solution

Core Insights - Intel Corporation has announced a collaboration with Karma Automotive to develop a Software Defined Vehicle Architecture (SDVA) aimed at transforming the automotive industry by creating intelligent, efficient, and sustainable vehicles [1][3] - The SDVA will integrate various vehicle functions into Intel's centralized and zonal compute systems, offering flexibility, cost reduction, enhanced performance, and improved energy efficiency [1][2] - Karma Automotive plans to utilize SDVA in its upcoming Karma Kaveya super coupe, which is expected to deliver up to 1,000 horsepower and accelerate from 0-60 mph in under three seconds, with a starting price of around $300,000 [2] Company Developments - The partnership between Intel and Karma Automotive signifies a shift towards innovative vehicle technology, combining Intel's computing expertise with Karma's industry knowledge [3] - The Karma Kaveya will be the first vehicle developed from the ground up with true SDVA, setting new benchmarks in performance, efficiency, and luxury [2] Market Performance - Intel's shares have decreased by 36.5% over the past year, contrasting with the automotive industry's growth of 128.4% [3]