Intel CEO Pat Gelsinger Under Growing Pressure As Chipmaker Evaluates Major AI Strategy Overhaul To Catch Up With Nvidia And AMD: Report

Quick Summary:

Amid ongoing challenges in the AI chip market, Intel Corp.(NASDAQ:INTC) is contemplating significant strategic shifts to regain its competitive edge.

What Happened: Intel is evaluating significant changes to its business strategy as it faces challenges in the artificial intelligence chip market.

Despite these efforts, Intel lags behind competitors like Nvidia Corp.(NASDAQ:NVDA) and Advanced Micro Devices Inc.(NASDAQ:AMD) in AI chip sales.

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Article Details

Category: Technology

Markets: United StatesGermany

Topics: Tech NVDA News US67066G1040 Benzinga AMD US0079031078 INTC AI stocks Markets Equities Kaustubh Bagalkote US4581401001 Pat Gelsinger

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-06 @ 09:25:55 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 439 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 22390274

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