Intel Bets Big on AI to Fuel Growth Across Product Lines
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Intel is tapping into the booming AI market in various ways, from AI accelerators to enabling AI workloads on CPUs. Its stock is up over 80% in 2023 as a result.
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Intel acquired Habana Labs and its Gaudi AI accelerators. While not as powerful as Nvidia's, they offer a good combination of performance and efficiency.
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Intel is betting big on AI inference, baking AI hardware into its server and PC CPUs to handle common AI workloads without needing a separate accelerator.
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Its upcoming Intel 18A manufacturing process could allow it to produce cutting-edge AI chips for itself and third parties starting in 2025.
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With CPUs, accelerators, manufacturing, and more, Intel is positioned to benefit from AI's growth in more ways than rivals like Nvidia and AMD.