Intel’s expectations were pretty low bar to beat. But that was a brutal quarter. They are in serious trouble and we will find out if they can transition successfully to being a foundry company or not. That is NOT going to be an easy pivot for a company like Intel. Arm just announced a deal with them. Let’s see how that turns out.
I would buy AMD. I would buy NVDA. But you gotta avoid INTC until the turn-around story has a few successful chapters in it.
The head of that project just left the company
Curiously I cannot post any article link with his first name in it…TMF says his name is not allowed!
But you can search for his name and find numerous articles
Intel is a distant third in GPU, behind Nvidia and AMD. And if they are third (maybe lower?) it would be primarily by selling the GPU bundled on the system-on-a-chip that includes the processor. The problem Intel has with GPU when it comes to AI is they don’t have a software stack to go along with it. And this is where Nvidia shines, even far above AMD in that respect. The software stack Nvidia has for AI and their GPU is untouchable. AMD is good for gaming, but Nvidia is good for gaming and great for AI.
Having said all that, I’m going to predict the entire AI industry is going to have a sock puppet moment in the 2-3 year time horizon.
Foundry is going to be a difficult pivot for a company that has Intel’s culture and approach to building chips.
Where money has been made in this way is applying AI to music trends. Basically looking over Billboard 100 hits for decades to see just how popular the melody is and then reusing the melody or the lyrics.
Music was doing it for the last three to five years. It is now problematic for the stars who were deep into it. They have no clue what would be popular if they did the composing themselves. Using melodies from the 1960s does not help them now.