Intel Launches New AI Chip to Challenge Nvidia's Dominance, But Significant Market Share Gain Unlikely
• Intel unveiled new AI chip, Gaudi 3, claiming it delivers better performance and efficiency than Nvidia's H100 • Intel aiming to gain market share in data center GPUs from Nvidia, which currently dominates with 98% market share • Gaudi 3 gives Intel shot at redemption after years of underperformance, but Nvidia has big lead with CUDA software platform • Nvidia announced new Blackwell chip, expected to be 4x faster than H100, so Intel still playing catch-up • Unlikely Gaudi 3 leads to major shift from Nvidia's AI leadership, but Intel may pick up enough revenue to please investors