Intel shares rose 1.7% premarket on Friday as the chipmaker's quarterly revenue beat low expectations and investors focused on its search for a new CEO to steer the company through one of its most difficult periods.
Intel is effectively killing Falcon Shores, its next-generation GPU for high-performance computing and AI workloads.
Intel channel partners told CRN that the chipmaker is making the right move by boosting partner funding while citing concerns about its future and its ability to compete with Nvidia in the AI chip market.
Intel on Thursday posted December-quarter results that beat analysts' low expectations, while its forecast for current-quarter revenue missed estimates as the chipmaker grapples with tepid demand for its data center chips and as investors wait for a new CEO.
Nvidia has a reputation for being an "employer of choice." This gives Nvidia an advantage over other tech companies that are competing for employees with similar skills. Nvidia has many competitive advantages,
Nvidia (NASDAQ: NVDA) is the undisputed leader in the artificial intelligence (AI) chip market these days. It has been generating fantastic growth in both its revenue and earnings, and the expectation that there's much more growth ahead is why many investors aren't shying away from buying the stock,
As the chipmaker undergoes a historic transition and attempts to emerge from one of its bleakest periods, it has also struggled to cash in on a boom in investment in advanced AI chips - a market led by Nvidia.
The GPU giant laid out a very smart approach to agentic AI earlier this month at CES, but it could do more to clarify its business model and its software strategy.
The industry expects the resource-light new model could usher in a wave of more efficient AI models, hurting demand for AI hardware.
Intel will face investor scrutiny on its CEO search when it reports quarterly results on Thursday, as the chipmaker stares at another big decline in revenue due to weak PC sales and its shrinking share in the datacenter market.
Considering all that, the Nvidia GeForce RTX 5080 Founders Edition is the graphics card we recommend if you're looking to play high-resolution, high-refresh-rate games, and plan to spend anything in the region of $1,000. For that, it merits our Editors' Choice award.