Intel Slides After Nvidia Halts Tests Of 18A Tech, White House Signals Chip Giant Not "Too Strategic To Fail"
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Booming demand for the company’s server processors used for artificial intelligence in data centers.
A new opportunity in the form of advanced central processing units (CPUs) has emerged as cloud providers shift from training models to deploying them.
While graphic processing units (GPUs) are used to process large-scale mathematical operations required to generate content, CPUs are better suited to handle workloads done by autonomous AI agents with reasoning capabilities.
Securing Elon Musk’s Tesla as its first major customer for the next-generation 14A process to make chips at its Terafab project, an advanced AI chip complex Musk has envisioned in Austin, Texas.
Intel earlier this month expanded its AI CPU partnership with Alphabet’s Google, and joined Musk’s Terafab AI chip complex project with SpaceX and Tesla to make processors powering robotics and data centers.
Intel reported a first-quarter loss per share of 73 cents as it incurred more than US$4 billion in restructuring charges. On an adjusted basis, the company earned 29 cents per share, beating the estimate of 1 cent.
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