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Intel sees AI opportunity for standalone programmable chip unit

Economic TimesEconomic Times · 1y ago
Intel sees AI opportunity for standalone programmable chip unit
Medial

Intel's programmable chip unit, now known as Altera, sees a significant opportunity in the field of artificial intelligence (AI). The company believes its programmable chips fill a niche market between custom processors designed by cloud computing companies and general-purpose AI chips made by Nvidia. With the hardware requirements for AI still evolving, Altera aims to stay at the forefront of innovation by providing flexible and adaptable solutions. The market for programmable chips is estimated to be around $8-$10 billion by 2023, but Altera believes the potential is even larger. While Intel Foundry currently manufactures Altera's Agilex line of chips, it remains uncertain if the forthcoming Agilex 3 chips will be produced in-house.

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Intel's $7.86 billion subsidy deal restricts sale of its manufacturing unit

Economic TimesEconomic Times · 9m ago
Intel's $7.86 billion subsidy deal restricts sale of its manufacturing unit
Medial

Intel's $7.86 billion government subsidies deal comes with restrictions that limit the company's ability to sell stakes in its chipmaking unit if it becomes independent. The subsidies, part of a $39 billion initiative to revive chip manufacturing in the United States, require Intel to own at least 50.1% of its chip unit, Intel Foundry, should it be separated into a new entity. If Intel Foundry turns into a public company, Intel can only sell 35% of the unit to any one shareholder without triggering change-in-control provisions. Compliance with these restrictions is necessary for Intel to proceed with its multi-billion dollar projects and continue manufacturing advanced chips within the United States.

The rise and decline of Intel

Economic TimesEconomic Times · 10m ago
The rise and decline of Intel
Medial

Intel CEO Pat Gelsinger took over a struggling company that had lost its edge in manufacturing and market share to rivals in the mobile phone and AI chip markets. Intel's history dates back to its introduction of the first commercially made programmable microprocessor in 1971. They later became a staple in the personal computing industry and were added to the Dow Jones Industrial Average. However, Intel missed out on opportunities in the mobile phone boom and faced legal disputes and antitrust scrutiny. They also struggled with manufacturing setbacks and increased competition. Under Gelsinger's leadership, Intel aims to transform into a producer of chips for other companies, investing billions in manufacturing facilities and cutting jobs to turn around their money-losing business.

AMD bets big on 'pervasive AI' to keep pace with the chip race

LivemintLivemint · 1y ago
AMD bets big on 'pervasive AI' to keep pace with the chip race
Medial

AMD is placing a significant focus on artificial intelligence (AI) as it aims to compete with Nvidia in the AI chip market. AMD's CEO, Lisa Su, sees AI as a tremendous opportunity for the company and has merged multiple AI teams into one entity to accelerate its AI business. AMD's AI strategy includes a wide range of products, such as AI processors for PCs, graphics cards for gaming, custom chips, and AI accelerators. The company's architecture emphasizes low latency and power efficiency, making it suitable for applications like autonomous driving. AMD also recently acquired Pensando, further enhancing its capabilities in networking and AI integration. Although AMD faces competition from Intel and Nvidia, it remains focused on providing high-performance, power-efficient hardware solutions and promoting open-source collaboration in AI development.

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