Intel Shares Rise After It Unveils AI Chip To Rival Nvidia And AMD

ToplineShares of American tech giant Intel rose during premarket trading on Tuesday after the company unveiled new artificial intelligence chips for data centers, an offensive that comes just days after chipmaking rivals Nvidia and AMD announced new products of their own as the once dominant firm competes for market share in the AI age.Intel CEO Pat Gelsinger unveiled details on new AI chips and products on Tuesday. AFP via Getty Images Key FactsIntel shares were up around 1.5% in premarket trading early Tu ...