Intel's New CEO Vows to Compete with Nvidia's Best AI Server — Barrons.com
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Intel's new CEO, Lip-Bu Tan, aims to enhance the company's position in the AI hardware market, specifically targeting competition with Nvidia's leading AI server systems. In his annual report, Tan emphasized the need for competitive rack-scale solutions in cloud-based AI data centers. Despite a recent 1.8% drop in Intel's stock, Tan is optimistic about revitalizing Intel's AI business, which has struggled against Nvidia's dominance. The company previously missed revenue forecasts and shifted focus from its Gaudi-AI accelerators to a new solution, Jaguar Shores.
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