Intel Misses Gaudi AI’s “$500 Million” Revenue Goal, Reflecting Slower Progress in AI Sector

Posted on the 03 November 2024 by Techloot @tech_loot

Intel’s Gaudi AI accelerators have missed their “modest” quarterly revenue target, as Team Blue faces hurdles in capturing significant market interest. Intel’s presence in various segments, including the x86 and AI industries, has encountered obstacles as competitors continue to advance, leaving Intel with limited opportunity to establish a customer base similar to that of NVIDIA and AMD. In Intel’...

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