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Intel (INTC) Set to Transform AI Ecosystem With New Solutions
ZACKS· 2024-06-04 17:10
Intel Corporation (INTC) recently unveiled groundbreaking AI technologies to help transform the semiconductor landscape, promising significant benefits for the broader ecosystem. With advancements spanning from data centers to PCs, Intel's latest innovations in processing power and energy efficiency are set to capture the full spectrum of AI opportunities.Intel's comprehensive approach to the AI market is unparalleled, covering semiconductor manufacturing to PC, network, edge and data center systems. The co ...
Intel Corporation (INTC) Computex 2024 Keynote (Transcript)
Seeking Alpha· 2024-06-04 16:20
Intel Corporation (NASDAQ:INTC) Computex 2024 Keynote June 3, 2024 11:00 PM ET Company Participants Patrick Gelsinger - CEO Chuck Hyder - Member of Executive Search Team Conference Call Participants Jack Tsai - Inventec Jonney Shih - ASUS Jason Chen - Acer Patrick Gelsinger Thank you. Great to be here in Taipei. I love the central role that Taiwan plays in the entire tech ecosystem. I just feel the innovative energy of the Taiwan ecosystem. I just love the fact that we have Computex here and great for the o ...
Intel Corporation (INTC) Computex 2024 Keynote (Transcript)
2024-06-04 16:20
Intel Corporation (NASDAQ:INTC) Computex 2024 Keynote June 3, 2024 11:00 PM ET Company Participants Patrick Gelsinger - CEO Chuck Hyder - Member of Executive Search Team Conference Call Participants Jack Tsai - Inventec Jonney Shih - ASUS Jason Chen - Acer Patrick Gelsinger Thank you. Great to be here in Taipei. I love the central role that Taiwan plays in the entire tech ecosystem. I just feel the innovative energy of the Taiwan ecosystem. I just love the fact that we have Computex here and great for the o ...
Intel Stock Lower Despite New AI Update, Lower Prices
Schaeffers Investment Research· 2024-06-04 14:31
Intel Corp (NASDAQ:INTC) isn't sitting out of the artificial intelligence (AI) race. After Nvidia (NVDA) and Advanced Micro Devices (AMD) unveiled their latest generation of AI chips, Intel is following suit with the launch of its newest Xeon server processors. Plus, the  company noted its Gaudi 3 AI accelerator chips will be more affordable than its competitors' products.Analysts are yet to chime in on the update, but are generally skeptical of the equity. Of the 34 analysts in coverage, 28 rate the shares ...
Senao Networks Announces DC-MHS Compliant Server Featuring Intel Xeon 6 Processor at COMPUTEX 2024
Prnewswire· 2024-06-04 13:00
TAIPEI, June 4, 2024 /PRNewswire/ -- Senao Networks, Inc. (TPEx 3558), a prominent networking and appliance solutions provider is proud to announce its first server product, the SR710. This OCP compliant server will be showcased at the Intel booth during COMPUTEX 2024.As data centers evolve, the demand for efficient and scalable computing solutions is at an all-time high. Senao's SR710 server is designed to address this demand by utilizing the Intel Xeon 6 processor with E-cores, marking its entry into the ...
Intel Stock in Focus After Company Reveals Next-Gen AI Data Center Chips
Investopedia· 2024-06-04 12:15
Key TakeawaysIntel shares moved higher ahead of Tuesday's opening bell after the chipmaker revealed its latest processors, which the company hopes will enable it to grab market share from rivals in the booming AI data center market.Intel's next-generation Xeon 6 AI data center chips come in two types: a more powerful processor to handle the workload of larger AI infrastructure requirements, and an efficiency model, which the company has positioned as a replacement for earlier-generation chips.The company's ...
Intel Shares Rise After It Unveils AI Chip To Rival Nvidia And AMD
Forbes· 2024-06-04 11:10
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 ...
2 Stocks Down 15% to Buy and Hold Forever
The Motley Fool· 2024-06-04 09:45
Market overreactions can mean opportunities for long-term investors.Sometimes the stock market goes overboard punishing a stock. That appears to be the case for chip giant Intel (INTC -1.81%) and home-improvement retailer Home Depot (HD -2.05%). Both stocks are down at least 15% from their 52-week highs, and both stocks look like solid buys for long-term investors.IntelIntel's core PC and server central processing unit (CPU) businesses are under assault. In both markets, not only has rival AMD been gaining ...
Intel unveils new AI chips as it seeks to reclaim market share from Nvidia and AMD
CNBC· 2024-06-04 06:40
Patrick Gelsinger, chief executive officer of Intel Corp., speaks during the Intel Innovation Taipei technology forum in Taipei, Taiwan, on Tuesday, Nov. 7, 2023.Intel last month predicted a return to sales growth in the fourth quarter, fueled by an improving personal computer market and a more competitive product line. Photographer: I-Hwa Cheng/Bloomberg via Getty ImagesU.S. chipmaker Intel on Tuesday announced new artificial intelligence chips for data centers, as it looks to take on rivals Nvidia and AMD ...
INTEL CORPORATION (NASDAQ: INTC) INVESTOR ALERT: Bernstein Liebhard LLP Announces that a Securities Class Action Lawsuit Has Been Filed Against Intel Corporation
GlobeNewswire News Room· 2024-06-04 05:45
NEW YORK, June 04, 2024 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP: Do you, or did you, own shares of Intel Corporation (NASDAQ: INTC)? Did you purchase your shares between January 25, 2024 and April 25, 2024, inclusive? Did you lose money in your investment in Intel Corporation? Do you want to discuss your rights? Bernstein Liebhard LLP announces that a securities class action lawsuit has been filed on behalf of investors who purchased or acquired the securities of Intel Corporation (“Intel” or the “Compan ...