Intel wants to build ‘everybody’s AI chips,’ CEO says, as company plays catch-up with rivals
Intel wants to regain its position as the world’s leading chipmaker, CEO Pat Gelsinger said, after being overtaken by rivals TSMC and Samsung in recent years. “We want to build everybody’s chips, everybody’s AI chips. We want them to be…
Qualcomm-backed firm launches latest AI chips — posing a challenge to giants like Nvidia
Albert Liu, founder and CEO of Kneron. Harry Murphy | Sportsfile | Getty Images Kneron, an artificial intelligence chip startup, launched its next-generation products on Wednesday as it looks to cash in on AI interest from businesses and offer an…
Intel CEO Fires Back at Nvidia in Battle for AI Chip Leadership
(Bloomberg) — Intel Corp. Chief Executive Officer Pat Gelsinger took the stage at the Computex show in Taiwan to talk about new products he expects will help turn back the tide of share losses to peers, including AI leader Nvidia…
AMD announces new AI chips amid intensifying competition with Nvidia, Intel
Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during the AMD Advancing AI event in San Jose, California, US, on Wednesday, Dec. 6, 2023. Advanced Micro Devices Inc. unveiled new so-called accelerator chips that it…
When Nvidia beats estimates, these 6 AI stocks tend to rise
Six artificial intelligence-related stocks tend to react positively to Nvidia ‘s quarterly results, according to CNBC Pro analysis. It comes ahead of Nvidia’s first-quarter earnings this year, which will be released Wednesday after the market close. Five U.S.-listed stocks —…
Microsoft set to unveil its vision for AI PCs at Build developer conference
Microsoft Chief Executive Officer (CEO) Satya Narayana Nadella speaks at a live Microsoft event in the Manhattan borough of New York City, October 26, 2016. Lucas Jackson | Reuters Microsoft CEO Satya Nadella said in January that 2024 will mark…
Microsoft set to unveil its vision for AI PCs at Build developer conference
Microsoft Chief Executive Officer (CEO) Satya Narayana Nadella speaks at a live Microsoft event in the Manhattan borough of New York City, October 26, 2016. Lucas Jackson | Reuters Microsoft‘s Build developer conference kicks off on Tuesday, giving the company…
The Fed will be the main event in the week ahead that includes a jobs report, more tech earnings
The Federal Reserve’s latest policy announcement will be the main event for investors in the week ahead, as Wall Street looks for clues on the health of the economy and the potential for rate cuts later this year. On top…