半导体芯闻·2025-09-26 10:43Core Viewpoint - The strategic alliance between NVIDIA and Intel aims to integrate AI-accelerated computing with the x86 ecosystem, significantly enhancing the influence of NVIDIA's NVLink technology over the traditional PCIe standard [3][15][21] Group 1: NVLink vs PCIe - NVLink technology offers several times the bandwidth and lower latency compared to PCIe, posing a significant challenge to the long-standing PCIe standard [3][15] - Intel's embrace of NVLink is a symbolic shift, indicating a potential restructuring of CPU and GPU interconnect paradigms, which may impact the demand for PCIe Retimer chips [3][15][21] Group 2: PCIe Retimer Chips - PCIe Retimer chips emerged as a necessary solution to address signal integrity issues as data transfer rates increased from PCIe 3.0 to PCIe 6.0, with insertion loss rising from 22dB to 36dB [6][7] - Retimer chips are crucial for extending transmission distances and improving signal quality in high-speed data center environments, especially as AI demands grow [10][11] Group 3: Market Dynamics - The PCIe Retimer chip market is characterized by a "duopoly" led by AsteraLabs and Lanqi Technology, with other players like Pericom and TI competing in various segments [12][13][14] - The global PCIe Retimer chip market is projected to reach $1.8 billion by 2025, driven by the increasing demand for high-speed interconnects in AI and server applications [14] Group 4: Impact of NVIDIA and Intel Alliance - The partnership between NVIDIA and Intel may disrupt the PCIe Retimer market, as NVLink's superior bandwidth and lower latency could reduce the need for Retimer chips in AI server configurations [15][16][21] - Intel's integration of NVLink into its x86 CPUs could lead to a shift in the server ecosystem, potentially establishing NVLink as the new industry standard [17][18] Group 5: Future Outlook - Despite the potential challenges posed by NVLink, PCIe Retimer chips may still hold value in scenarios where long-distance transmission and complex topologies are required, ensuring their relevance in the AI era [21]