Intel's AI Shift

Intel is shifting its AI strategy toward lower-cost inference chips and in-house manufacturing as it tries to regain ground from Nvidia.

Transcript

00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Intel outlined its next phase in AI on Monday, betting on lower-cost inference hardware

00:07and in-house manufacturing to regain ground from NVIDIA, according to the Financial Times.

00:13Data Center group head Kivork Kechichian said the company is focusing on AI inference workloads

00:19rather than model training after the disappointing Gaudi chip program.

00:22Intel plans to begin limited shipments of its new Crescent Island GPU by the end of 2026.

00:28The chip uses LPDDR5 memory and air cooling instead of the expensive high-bandwidth memory

00:35and liquid cooling systems used by rivals.

00:38Intel also intends to build Crescent Island in its own foundries under CEO LipBooTan.

00:43Intel shares were down by 4.87% to $109.10 in pre-market trading on Monday.

00:49For all things money, visit Benzinga.com.