Intel has introduced its new Gaudi 3 chip, claiming it outperforms Nvidia's H100 chip by 50% in terms of AI acceleration. Under previous management, Intel struggled to keep up with advancements in leading-edge manufacturing and the rise of GPU-based AI. However, under CEO Pat Gelsinger, Intel is aiming to challenge Nvidia's AI dominance. The Gaudi 3 chip offers better inferencing performance, improved power efficiency, and faster time-to-train compared to the H100.
Intel is also collaborating with other tech giants to develop open-source alternatives to Nvidia's software stack and leading a consortium to accelerate ethernet networking for AI workloads. While Nvidia is releasing more powerful chips in the near future, Intel's efforts pose a long-term threat. Though Intel's turnaround story depends on the success of Gaudi in the AI market and the profitability of its foundry segment, if the company achieves its goals, the stock could rebound in the future.
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Nvidia has introduced its newest AI chipset, set to become a fundamental component of next-generation gaming consoles.
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Anywhere Real Estate wrapped up a news-filled year with a brief third-quarter earnings report that showcased strong momentum and developments in artificial intelligence, as it prepares for its future integration with Compass.
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In today’s video, I cover recent developments impacting Astera Labs (ALAB 3.17%), Super Micro Computer (SMCI 4.93%), and various other AI-related stocks.
Palantir Technologies Inc.
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