Nvidia (NASDAQ: NVDA) has solidified its position as the leading provider of artificial intelligence (AI) chips, setting a benchmark in the industry. With the most advanced chip technology available, Nvidia empowers companies to enhance their AI models through efficient training and inferencing processes. This remarkable achievement has propelled Nvidia’s financial performance to unprecedented heights, with triple-digit earnings growth and a remarkable 200% surge in its stock price over the past year.
Conversely, Intel (NASDAQ: INTC) has faced challenges in the market. Declining demand for personal computers has impacted its revenue, while lagging behind in the AI chip race has further hindered its progress. Consequently, Intel’s shares are now trading at half of their 2020 value.
However, the tables may turn soon as Intel introduces its latest AI chip, Gaudi 3. Could this innovative product catapult Intel ahead of Nvidia in the AI chip market?
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Gaudi 3’s Impressive Performance
Delving into the specifics of…
2024-04-12 03:55:00
Originally published on finance.yahoo.com