Intel announced the release of its latest artificial intelligence chip, the Gaudi 3, as part of an industry-wide effort to develop chips capable of running AI models, such as those used in OpenAI’s ChatGPT.The Gaudi 3 chip offers an average of 40% better power efficiency than Nvidia’s H100 GPU, according to a Tuesday (April 9) press release.The chip is available in various configurations, including an eight-chip package on a single motherboard or as a standalone card that can be integrated into existing sys ...

Pat Gelsinger, CEO Intel, speaking on CNBC's Squawk Box at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024.Intel on Tuesday unveiled its latest artificial intelligence chip, called Gaudi 3, as chipmakers rush to produce semiconductors that can train and deploy big AI models, such as the one underpinning OpenAI's ChatGPT.Intel says the new Gaudi 3 chip is over twice as power-efficient as and can run AI models one-and-a-half times faster than Nvidia's H100 GPU. It also comes in different confi ...

If you’re on the lookout for stocks to buy before the next bull market, look no further. Searching the market for stocks that have the potential to rise sharply requires positive market approaches. Market observers are paying close attention to three contenders who stand out. Each makes a distinct argument supported by cunning business moves and cutting-edge technology.To begin with, the first is causing a stir with its grand ambitions for computing infrastructure growth. The corporation is putting itself a ...

Profit is set to soar by 2030 as the foundry matures and product sales improve.Shares of chip giant Intel (INTC -1.89%) were hammered last week, after the company disclosed some information about its new reporting structure. Historically, the company allocated manufacturing costs across its various product divisions. With Intel aiming to become a leading foundry by the end of the decade, the company has broken out manufacturing into its own business unit.I won't mince words: The headline numbers look bad. I ...

A robotic arm equipped with a surveillance camera is demonstrating its quality control process to ... [+] detect imperfections at Intel's pavilion during the Mobile World Congress in Barcelona, Spain, on April 3, 2024. (Photo by Joan Cros/NurPhoto via Getty Images)NurPhoto via Getty ImagesIntel stock currently trades at $40 per share, about 42% below the levels of almost $68 seen on April 9, 2021 (pre-inflation shock high). Intel INTC saw a demand pullback post the Covid-19 lockdowns, as the remote working ...

One chipmaker is set to capitalize on the growth of two key AI-related markets, while the other is struggling to turn its business around.Shares of Qualcomm (QCOM 1.22%) and Intel (INTC -1.89%) have been heading in opposite directions this year, which may seem a bit surprising at first given that both chipmakers have been facing headwinds in their core markets and have been relying on the proliferation of artificial intelligence (AI) to turn their fortunes around.While Intel's business has been hurt in rece ...

The most recent trading session ended with Intel (INTC) standing at $37.98, reflecting a -1.89% shift from the previouse trading day's closing. This change lagged the S&P 500's daily loss of 0.04%. On the other hand, the Dow registered a loss of 0.03%, and the technology-centric Nasdaq increased by 0.03%.Coming into today, shares of the world's largest chipmaker had lost 12.02% in the past month. In that same time, the Computer and Technology sector gained 4.26%, while the S&P 500 gained 2.57%.Investors wil ...

maybefalse I have been long Intel Corporation (NASDAQ:INTC) stock for a few years, and was a bit surprised by the reaction of the stock price on the recent news where Intel broke down the losses on their foundry business. Intel announced their foundry lost $7 Billion dollars last year, and will lose more this year. While it certainly has some meaning, some of it is also how Intel uses their accounting, and it just means their other divisions are much more profitable. It is not damning for the company; w ...

The stock market has been on a massive winning streak. Not only did the indexes surge in 2023, but they are powering to new all-time highs in 2024. However, corporate earnings have failed to keep up with the move. In fact, according to Factset, corporate earnings are currently growing at only about 3.2% annually and barely increased whatsoever in 2023. As a result, valuation have gone up significantly for many of America’s leading stocks. Thus, investors should be prudent when putting capital to work in thi ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Intel and recommends the following options: long January 2023 $57.50 calls on Intel, long January 2025 $45 calls on Intel, and short May 2024 $47 calls on Intel. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His op ...