AMD’s AI bets face investor scrutiny as Big Tech switches to custom chips
1 month, 2 weeks ago

AMD’s AI bets face investor scrutiny as Big Tech switches to custom chips

Live Mint  

By Arsheeya Bajwa - AMD investors will closely examine the chip designer's artificial intelligence strategy when it reports fourth-quarter results on Tuesday as Big Tech's shift to custom silicon raises doubts about its place in the AI infrastructure race. Analysts expect AMD's December-quarter revenue to surge over 22% to $7.53 billion, but the company's growth prospects are shadowed by the dominance of Nvidia in the AI chip market and the rising trend of tech giants like Microsoft, Amazon.com and Meta developing custom chips. Investors see "customer silicon and Nvidia as the AI chip market going forward," said Ryuta Makino, analyst at AMD investor Gabelli Funds. Nvidia's existing majority share of the AI chip market and its proprietary CUDA software- a standard among most developers- is likely to help cushion the company against rising custom chip adoption, said Ben Bajarin, chief executive of technology consultancy Creative Strategies.

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History of this topic

Nvidia doubled profits in 2024. And its outlook is rosy despite AI jitters
3 weeks, 2 days ago

Nvidia doubled profits in 2024. And its outlook is rosy despite AI jitters

CNN  

New York CNN — Nvidia exceeded Wall Street’s expectations as it closed out 2024, achieving stunning sales and profit growth — and much of Silicon Valley is likely breathing a sigh of relief at what the results say about the artificial intelligence industry. Expectations were heightened heading into Wednesday’s report given Nvidia’s role as a barometer of the broader tech …

Lenovo’s Profit Beats Estimates as AI Fuels PC Recovery Hopes
1 month ago

Lenovo’s Profit Beats Estimates as AI Fuels PC Recovery Hopes

Live Mint  

-- Lenovo Group Ltd.’s quarterly profit beat projections, highlighting how AI infrastructure spending is helping pull the global PC market out of a years-long funk. The emergence of platforms such as DeepSeek could fire up enthusiasm for so-called AI PCs, while Chinese government subsidies buoy local consumption of electronics. Therefore, right now it is about suppliers trying to be patient …

Intel’s CEO search in focus as chipmaker set to post lower revenue
1 month, 3 weeks ago

Intel’s CEO search in focus as chipmaker set to post lower revenue

Live Mint  

By Arsheeya Bajwa - Intel will face investor scrutiny on its CEO search when it reports quarterly results on Thursday, as the chipmaker stares at another big decline in revenue due to weak PC sales and its shrinking share in the datacenter market. Interim co-CEOs, Michelle Johnston Holthaus and David Zinsner, said last month a spinoff of that business may …

Silicon Valley rattled by low-cost Chinese AI
1 month, 3 weeks ago

Silicon Valley rattled by low-cost Chinese AI

Raw Story  

by Alex PIGMAN Fears that the AI gold rush could be under threat rocked Wall Street on Monday following the emergence of a ChatGPT-like model from China, triggering predictions of turmoil for Silicon Valley and accusations of cheating. On his first full day in office, Trump last week announced a major AI infrastructure project with OpenAI and Japan's SoftBank, emphasizing …

AMD invests in drug-discovery company Absci in push to sell AI chips
2 months, 1 week ago

AMD invests in drug-discovery company Absci in push to sell AI chips

Live Mint  

Advanced Micro Devices is investing $20 million in Absci, a drug-discovery company based in Washington state, in a move aimed at selling its artificial intelligence chips in the healthcare sector. AMD, which is based in Santa Clara, Calif., said the investment and partnership between the two companies will help reduce hardware costs and optimize AI solutions for Absci. Mark Papermaster, …

Broadcom’s AI success won’t all come at Nvidia’s expense
3 months ago

Broadcom’s AI success won’t all come at Nvidia’s expense

Live Mint  

There’s a new trillion-dollar AI chip maker in town. Broadcom’s fiscal fourth-quarter report last week included a long-term forecast for its artificial-intelligence business that has lighted up its stock price and pushed the company’s market capitalization past $1 trillion. It also appears to have done the opposite for Nvidia: The AI chip titan’s stock has shed about 4% over the …

Apple chip supplier Broadcom hits $1 trillion market valuation for first time
3 months ago

Apple chip supplier Broadcom hits $1 trillion market valuation for first time

Hindustan Times  

Broadcom Inc., a chip supplier for Apple Inc. hit a $1 trillion market valuation for the first time on Friday, after predicting a boom in demand for its artificial intelligence chips. Broadcom's stock rose 24 per cent to $224.80 in New York on Friday, its biggest one-day share-price rally since August 2009, when the precursor company Avago Technologies Ltd held …

Broadcom stock jumps 21%, hits four-year high on AI boom to top $1 trillion market value for first time
3 months, 1 week ago

Broadcom stock jumps 21%, hits four-year high on AI boom to top $1 trillion market value for first time

Live Mint  

Broadcom Inc. surged to a $1 trillion market valuation for the first time on Friday, December 13, after predicting a boom in demand for its artificial intelligence chips. The chip supplier for Apple Inc. and other big tech companies predicted sales of AI products would gain 65 per cent in the first quarter, far faster than its overall semiconductor growth …

Five semiconductor stocks that could benefit from huge AI chip demand
3 months, 1 week ago

Five semiconductor stocks that could benefit from huge AI chip demand

Live Mint  

The semiconductor industry is undergoing rapid evolution, fuelled by the soaring demand for artificial intelligence chips and their role in driving advanced technologies. HCL Tech is at the forefront of securing deals in growth segments like semiconductor design and AI. In the latest quarter, a US-based financial services and insurance firm selected HCL Tech to modernize its data insights for …

After Intel, AMD now goes for mass layoffs, fires 4% of all global employees to focus on AI
4 months, 1 week ago

After Intel, AMD now goes for mass layoffs, fires 4% of all global employees to focus on AI

Firstpost  

AMD’s struggles in the AI space are apparent. Despite shipping an estimated 224,000 GPUs this year, it hasn’t been enough to keep up with demand from major clients like Microsoft and Meta. Despite attempts to gain ground, AMD’s stock is down about 4 per cent this year, reflecting investor concerns over the company’s ability to keep pace in the lucrative …

AMD Layoffs: To cut 4% of global workforce as it focuses on AI chip development
4 months, 1 week ago

AMD Layoffs: To cut 4% of global workforce as it focuses on AI chip development

The Hindu  

Advanced Micro Devices is laying off 4% of its global workforce, or about 1,000 employees, as it directs efforts towards developing AI chips in a bid to compete against industry bellwether Nvidia. AMD is regarded as the closest rival to Nvidia in the lucrative market for chips that form the brains of complex data centers that can process the large …

The Rise of the Rent-Seekers: How Nvidia's Success is Feeding the Niche Monster
4 months, 2 weeks ago

The Rise of the Rent-Seekers: How Nvidia's Success is Feeding the Niche Monster

Live Mint  

The article explores the hyperconcentration of the semiconductor industry, with a focus on the impact of Nvidia's dominance on the market. Despite Nvidia's significant revenue growth, the foundries and equipment-makers who design and manufacture chips are left with a much smaller share of the profits. This disparity is attributed to the hyperspecialization of the industry, which has led to a …

TikTok's parent firm ByteDance won't pay for NVIDIA's AI Chips, wants Huawei, Broadcom to develop GPUs
5 months, 3 weeks ago

TikTok's parent firm ByteDance won't pay for NVIDIA's AI Chips, wants Huawei, Broadcom to develop GPUs

Firstpost  

ByteDance ordered over 100,000 chips this year but received fewer than 30,000 by July, slowing the company’s progress. Image Credit: Reuters ByteDance, the parent company of TikTok, is shifting its strategy in response to US trade restrictions that have made accessing advanced AI hardware, such as NVIDIA’s high-performance GPUs, increasingly difficult. With limited legal access to NVIDIA’s cutting-edge chips and …

AMD deal shows AI chip business isn’t just about chips
7 months ago

AMD deal shows AI chip business isn’t just about chips

Live Mint  

Advanced Micro Devices is buying a server company but has no plans to get into the server business. The chip maker better known as AMD unveiled plans Monday to spend $4.9 billion to acquire ZT Systems, a privately held company that designs and manufactures servers and other types of data-center hardware. AMD has a fast-growing business selling GPU accelerator chips …

OpenAI sought Intel's investment 7 years ago but this decision changed AI race
7 months, 1 week ago

OpenAI sought Intel's investment 7 years ago but this decision changed AI race

Hindustan Times  

For US chip giant Intel, the darling of the computer age before it fell on harder times in the AI era, things might have been quite different. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} About seven years ago, the company had the chance to buy a stake in OpenAI, then a fledgling non-profit research organization working in a little-known field called generative artificial …

OpenAI holds talks with Broadcom about developing new AI chip, the Information reports
8 months ago

OpenAI holds talks with Broadcom about developing new AI chip, the Information reports

The Hindu  

ChatGPT maker OpenAI is in discussion with chip designers, including Broadcom, about developing a new artificial intelligence chip, the Information reported on Thursday, citing people familiar with the matter. The Microsoft-backed company is hiring former Google employees who produced the online search giant's own AI chip, the tensor processing unit, and has decided to develop an AI server chip, the …

Intel battles AMD with new data center chips
9 months, 2 weeks ago

Intel battles AMD with new data center chips

The Hindu  

Intel launched its next generation Xeon server processors on Tuesday as it looks to claw back data center market share and revealed that its Gaudi 3 artificial intelligence accelerator chips would be priced much lower than its rivals' chips. The sixth generation Xeon chips are crucial for Intel, which has been steadily losing data center market share to AMD. Intel's …

This record stock market is riding on questionable AI assumptions
9 months, 3 weeks ago

This record stock market is riding on questionable AI assumptions

Live Mint  

Remember all the bulls earlier this year getting excited that the rally was broadening out beyond the “Magnificent Seven” stocks, and how wider gains were a sign that the market’s rise was sustainable? AI has had an astounding run since OpenAI unveiled ChatGPT to the world in late 2022, and Nvidia has been the biggest winner as everyone races to …

Nvidia’s business is booming. Here’s what could slow it down.
9 months, 3 weeks ago

Nvidia’s business is booming. Here’s what could slow it down.

Live Mint  

Nvidia is riding high after another quarter of blockbuster sales and earnings, even as threats are emerging that could weaken the company’s position at the center of the artificial-intelligence boom. Sequoia Capital estimated in March that the industry put $50 billion into Nvidia’s chips to train large language models, but generative AI startups had only made $3 billion in revenue. …

Nvidia’s profit soars, underscoring its dominance in chips for artificial intelligence
9 months, 3 weeks ago

Nvidia’s profit soars, underscoring its dominance in chips for artificial intelligence

Associated Press  

SAN FRANCISCO — Nvidia on Wednesday overshot Wall Street estimates as its profit skyrocketed, bolstered by the chipmaking dominance that has made the company an icon of the artificial intelligence boom. Huang predicted that the companies snapping up Nvidia chips will use them to build a new type of data centers he called “AI factories” designed to produce “a new …

Today’s Cache | Microsoft’s $2.9 billion AI investment in Japan; Intel’s Gaudi 3 AI chip to launch this year; TSMC boosts US chip production with $11.6 billion grants
11 months, 1 week ago

Today’s Cache | Microsoft’s $2.9 billion AI investment in Japan; Intel’s Gaudi 3 AI chip to launch this year; TSMC boosts US chip production with $11.6 billion grants

The Hindu  

Microsoft invests $2.9 Billion in Japan for AI development Microsoft plans to invest $2.9 billion in Japan over the next two years, to enhance the country’s AI capabilities and bolster cybersecurity against threats from China and Russia. While earlier versions of Intel’s Gaudi AI chips didn’t gain significant market share, the company anticipates that the new model will have a …

AI’s chip wars are just getting started
11 months, 3 weeks ago

AI’s chip wars are just getting started

Hindustan Times  

As tech companies pursue supremacy in generative artificial intelligence, a related battle is now heating up: the battle to be the hardware leader. Tech companies are building chips not just for AI companies to train new generative models on, but also for consumer devices that will run applications and tools built on the same models. Jensen Huang, CEO of Nvidia, …

AI chip race: Fears grow of huge financial bubble
1 year ago

AI chip race: Fears grow of huge financial bubble

The Hindu  

Published : Feb 22, 2024 15:43 IST - 4 MINS READ Sam Altman caused more than a stir in early February when he called for a $5 to 7 trillion global investment to produce more powerful chips for the next generation of artificial intelligence platforms. “It is an order of magnitude more than the entire chip industry has spent in …

CEOs of OpenAI and Intel cite artificial intelligence’s voracious appetite for processing power
1 year ago

CEOs of OpenAI and Intel cite artificial intelligence’s voracious appetite for processing power

Associated Press  

SAN JOSE, Calif. — Two tech CEOs scrambling to produce more of the sophisticated chips needed for artificial intelligence met for a brainstorming session Wednesday while the booming market’s early leader reported another quarter of eye-popping growth. Gelsinger kicked things off with a opening speech outlining how he envisions the feverish demand for AI-equipped chips revitalizing his company in a …

CEOs of OpenAI and Intel cite artificial intelligence's voracious appetite for processing power
1 year ago

CEOs of OpenAI and Intel cite artificial intelligence's voracious appetite for processing power

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Two tech CEOs scrambling to …

OpenAI’s Sam Altman seeking trillions to fund chips for AI, report says
1 year, 1 month ago

OpenAI’s Sam Altman seeking trillions to fund chips for AI, report says

Al Jazeera  

Altman has discussed ‘wildly ambitious’ plans with investors, including the United Arab Emirates government, the WSJ says. OpenAI CEO Sam Altman is seeking to raise trillions of dollars from investors, including the United Arab Emirates government, to boost the world’s capacity to produce advanced chips and power artificial intelligence, The Wall Street Journal has reported. Altman’s “wildly ambitious tech initiative” …

Elon Musk's Tesla loads up on AI hardware to improve self-driving software
1 year, 1 month ago

Elon Musk's Tesla loads up on AI hardware to improve self-driving software

Hindustan Times  

Tesla Inc. Chief Executive Officer Elon Musk said he plans to buy chips from Advanced Micro Devices Inc. as part of a spending spree on computing hardware to handle artificial intelligence. Elon Musk has said that he plans to buy AMD chips as an AI investment. After saying on his X social media platform that Tesla will spend more than …

Intel Says Many PC Brands Using Its New AI-enabled Chip, Wants People To Upgrade PCs
1 year, 3 months ago

Intel Says Many PC Brands Using Its New AI-enabled Chip, Wants People To Upgrade PCs

News 18  

-Intel on Thursday said that dozens of personal computer makers are using its newest chip, as the company and its customers try to entice consumers to upgrade their machines for a new era of chatbots. At a press event in New York, Intel said the new offering will be available in laptops from Dell Technologies, Microsoft, Lenovo Group and others …

ChatGPT-owner OpenAI is exploring making its own AI chips
1 year, 5 months ago

ChatGPT-owner OpenAI is exploring making its own AI chips

The Hindu  

OpenAI, the company behind ChatGPT, is exploring making its own artificial intelligence chips and has gone as far as evaluating a potential acquisition target, according to people familiar with the company’s plans. However, since at least last year it discussed various options to solve the shortage of expensive AI chips that OpenAI relies on, according to people familiar with the …

Google discussed dropping Broadcom as AI chips supplier: Report
1 year, 6 months ago

Google discussed dropping Broadcom as AI chips supplier: Report

The Hindu  

Alphabet-owned Google has discussed dropping Broadcom as a supplier of artificial intelligence chips as early as 2027, The Information reported on Thursday, sending Broadcom shares down 5% in premarket trading. If that happens, Google will design the chips - known as tensor processing units - in-house, the report said, adding that executives set a goal earlier this year to ditch …

Nvidia's dominance in AI chips deters funding for startups
1 year, 6 months ago

Nvidia's dominance in AI chips deters funding for startups

The Hindu  

Nvidia's supremacy in building computer chips for artificial intelligence has chilled venture funding for would-be rivals, investors said, with the number of U.S. deals this quarter falling 80% from a year ago. Nvidia has "indirectly" contributed to overall AI chip fundraising woes, because investors want "Home run only type investments with a huge investment, huge return," Mythic CEO Dave Rick …

AI lesson for Microsoft and Google: Spend money to make money
1 year, 7 months ago

AI lesson for Microsoft and Google: Spend money to make money

The Hindu  

Artificial intelligence is expected to pay off big for tech giants including Microsoft and Alphabet someday. "They're buying a bunch of H100s," said Ben Bajarin, chief executive and principal analyst of Creative Strategies, referring to Nvidia's flagship chips for AI. "As far as AI is concerned, while Google may have spent upwards of $200 billion on AI investments over the …

AI chip race heats up as AMD introduces rival to Nvidia technology
1 year, 9 months ago

AI chip race heats up as AMD introduces rival to Nvidia technology

Associated Press  

SAN FRANCISCO — Advanced Micro Devices has revealed a new artificial intelligence chip in its race to compete with rival chipmaker Nvidia in supplying the foundation for a boom in AI-fueled business tools. The semiconductor company, based in Santa Clara, California, described its new MI300X chip as “the world’s most advanced accelerator for generative AI.” It’s expected to attract interest …

AI chips are hot. Here’s what they are, what they’re for and why investors see gold
1 year, 9 months ago

AI chips are hot. Here’s what they are, what they’re for and why investors see gold

Associated Press  

SAN FRANCISCO — The hottest thing in technology is an unprepossessing sliver of silicon closely related to the chips that power video game graphics. Shares of Nvidia, the leading designer of AI chips, rocketed up almost 25% last Thursday after the company forecast a huge jump in revenue that analysts said indicated soaring sales of its products. “There really isn’t …

Nvidia joins trillion dollar club on booming AI demand
1 year, 9 months ago

Nvidia joins trillion dollar club on booming AI demand

The Hindu  

Nvidia Corp. on Tuesday became the first chipmaker to hit a trillion-dollar market value, as the company bets on a surge in demand for its AI chips that power chatbot sensation ChatGPT and many other applications. The latest surge in Nvidia's shares that powered the company past the trillion-dollar mark followed its revenue forecast last week that surpassed estimates by …

AI sets NVIDIA on path to become first US chipmaker to be valued over $1 trillion
1 year, 9 months ago

AI sets NVIDIA on path to become first US chipmaker to be valued over $1 trillion

Firstpost  

Nvidia Corp is poised to surpass a market capitalization of $1 trillion, becoming the first U.S. chipmaker to achieve this milestone. In 2021, Meta reached a trillion-dollar market capitalization, while other U.S. companies such as Apple Inc, Alphabet Inc, Microsoft Corp, and Amazon.com Inc are already part of this exclusive club. Nvidia attracted significant attention in the field of artificial …

The AI Boom Runs on Chips, but It Can’t Get Enough
1 year, 9 months ago

The AI Boom Runs on Chips, but It Can’t Get Enough

Live Mint  

The artificial-intelligence revolution is being likened by Google’s chief executive to humanity’s harnessing of fire. “Because there is a shortage, it’s about who you know," said Sharon Zhou, co-founder and CEO of Lamini, a startup that helps companies build AI models like chatbots. Chip costs vary, but Nvidia’s advanced AI chips are sold by some retailers for around $33,000, though …

Chip giant Nvidia nears trillion-dollar status on AI bet
1 year, 9 months ago

Chip giant Nvidia nears trillion-dollar status on AI bet

The Hindu  

Nvidia Corp. surged 24% on Thursday in one of the largest one-day gains in value for a U.S. stock, after its stellar revenue forecast showed that Wall Street has yet to price in the game-changing potential of AI. Nvidia, the fifth-most valuable U.S. company, on Wednesday projected quarterly revenue more than 50% above the average Wall Street estimate and said …

Nvidia stuns markets and signals how artificial intelligence could reshape technology sector
1 year, 9 months ago

Nvidia stuns markets and signals how artificial intelligence could reshape technology sector

Associated Press  

WASHINGTON — Shares of Nvidia, already one of the world’s most valuable companies, skyrocketed Thursday after the chipmaker forecast a huge jump in revenue, signaling how vastly the broadening use of artificial intelligence could reshape the tech sector. “It looks like the new gold rush is upon us, and NVIDIA is selling all the picks and shovels,” Susquehanna Financial Group’s …

Nvidia Set To Become First Trillion-Dollar Chip Company As It Cashes In On Generative AI Demand
1 year, 9 months ago

Nvidia Set To Become First Trillion-Dollar Chip Company As It Cashes In On Generative AI Demand

ABP News  

Nvidia, the Santa Clara, California-headquartered chip designer, witnessed a remarkable surge in its shares as investors recognised the immense potential of generative artificial intelligence. The company's stock rallied by an astounding 25 percent, fueled by an optimistic forecast that revealed Wall Street's failure to fully assess Nvidia's AI capabilities. Financial analysts scrambled to revise their price targets for Nvidia stock, …

Intel launches new AI chips, challenging Nvidia’s market
2 years, 10 months ago

Intel launches new AI chips, challenging Nvidia’s market

The Hindu  

Intel Corp on Tuesday launched a new chip called Gaudi2 focused on artificial intelligence computing, as the chip manufacturer makes a bigger push into the AI chip market currently dominated by Nvidia Corp. Gaudi2 is the second generation processor by Habana Labs, an Israeli AI chip startup Intel bought in late 2019 for about $2 billion. “CUDA is not a …

Chip Giant AMD to Buy This Cloud Startup For $1.9 Billion: All Details
2 years, 11 months ago

Chip Giant AMD to Buy This Cloud Startup For $1.9 Billion: All Details

News 18  

– Chip designer Advanced Micro Devices said on Monday it would acquire cloud startup Pensando for $1.9 billion to bolster its data center products and capitalize on booming demand from cloud and enterprise sectors. The startup makes a fully programmable processor and a software platform, which helps enterprise clients and data center customers to function more like cloud computing data …

Chip industry underdog's future looks bright
3 years, 1 month ago

Chip industry underdog's future looks bright

The Hindu  

When Intel’s star was ascendant, another chip maker was mostly distant from view. CEO Lisa Su noted that EPYC server chip sales more than doubled in the fourth quarter compared to the same period last year. AMD’s data centre graphics revenue, too, more than doubled in the fourth quarter. High-performance computing customers were buying the company’s Instinct MI200 data centre …

At CES, chipmakers show off plans to go after one another’s turf
3 years, 2 months ago

At CES, chipmakers show off plans to go after one another’s turf

LA Times  

Qualcomm, the biggest maker of mobile-phone chips, wants to win a bigger chunk of the personal-computer market. The biggest U.S. chipmakers — including Intel Corp., Nvidia Corp., Advanced Micro Devices Inc. and Qualcomm Inc. — are starting off 2022 by unveiling products that push further into one another’s main territories, signaling they’re girding for tough competition as semiconductor demand increases …

AMD’s $35 bln deal for Xilinx now expected to close in 2022
3 years, 2 months ago

AMD’s $35 bln deal for Xilinx now expected to close in 2022

The Hindu  

Chip company Advanced Micro Devices Inc's $35 billion all-stock deal for peer Xilinx is now expected to close in the first quarter of 2022, delayed from a previous target of end-2021, the companies said on Thursday. AMD announced the deal in October, intensifying its battle with chief rival Intel Corp in the data centre chip market. Amid U.S.-China tensions, chip …

Incoming CEO wants Intel to again be ‘unquestioned leader’ in industry
4 years, 1 month ago

Incoming CEO wants Intel to again be ‘unquestioned leader’ in industry

CNN  

New York CNN Business — Intel investors and analysts got their first glimpse at incoming CEO Pat Gelsinger’s vision for the company during its earnings call on Thursday. Last month, activist shareholder Dan Loeb of Third Point wrote to Intel’s board chair urging the company to consider major changes, including whether to continue manufacturing its own chips. “I’ve had the …

Here’s what Intel’s new CEO must do to turn the company’s fortunes around
4 years, 2 months ago

Here’s what Intel’s new CEO must do to turn the company’s fortunes around

CNN  

New York CNN Business — Pat Gelsinger has a massive task ahead of him when he takes over as Intel CEO next month. “So the competition will continue to gain share at Intel’s expense.” Manufacturing challenges Intel is known for manufacturing its own chips — a distinction that was seen as a competitive advantage until the company fell off its …

Intel sold artificial intelligence processor chips worth $1 billion in 2017
6 years, 7 months ago

Intel sold artificial intelligence processor chips worth $1 billion in 2017

Firstpost  

As PC sales have stagnated, Intel has increasingly been depending on its sales to data centers. Intel on 8 August said it sold $1 billion of artificial intelligence processor chips in 2017, the first time the world’s second-largest chipmaker disclosed revenue from the fast-growing computing segment that has fueled sales expansions at rivals such as Nvidia Corp. As PC sales …

How AI Is Shaking Up the Chip Market
8 years, 4 months ago

How AI Is Shaking Up the Chip Market

Wired  

In less than 12 hours, three different people offered to pay me if I'd spend an hour talking to a stranger on the phone. These unsolicited, extremely specific, high-pressure requests---which arrived about three week ago---underscore the radical changes underway in the enormously lucrative computer chip market, changes driven by the rise of artificial intelligence. Today, Internet giants like Google, Facebook, …

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