The competition in the semiconductor market is heating up as Intel (INTC) becomes the latest chipmaker to announce a new AI chip. This move comes after Nvidia (NVDA) and AMD (AMD) recently announced their own AI chip offerings for the market. Yahoo Finance's Akiko Fujita dives into the details of the global chip industry and the projected investments and revenue to come from this sector in the years ahead. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
There were new technical details about the AI PC chip code named Lunar Lake, which is expected to start shipping to PC makers in the third quarter.
Intel Corp (NASDAQ:INTC) aims to maximize its chip exports to China, CEO Pat Gelsinger stated, cautioning that strict U.S. export controls might prompt China to develop its semiconductors. At the Computex tech trade show in Taipei, Gelsinger emphasized Intel’s ongoing efforts to export products, including Gaudi GPUs for AI computing, to China, the Nikkei Asia reports. He highlighted Intel’s technological advantage over Chinese rivals due to the absence of extreme ultraviolet lithography in China