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[Bus 13 update] (6.27.23) Intel’s potential in the AI space
[Bus 13 update] (6.27.23) Intel’s potential in the AI space
August 22, 2023
Reimagining Technology: Intel’s Game-Changing Plans For A Post-AI World Jun 27, 2023 01:13 PM | Intel Corporation(INTC) | By: Nathan Aisenstadt
Intel is a multinational technology company and one of the leaders in the semiconductor industry, founded in 1968 by Gordon Moore and Robert Noyce. The company’s share price has grown by 16.93% since the beginning of 2023, outperforming major competitors like Analog Devices and QUALCOMM Incorporated.
Despite challenges in the PC market and macroeconomic environment, Intel’s revenue is expected to grow in the second quarter of 2023 compared to the previous quarter.
To regain lost share in the semiconductor industry, the company plans to launch the 5th generation Emerald Rapids server processors belonging to the Xeon family and the 14th generation Meteor Lake processors in the coming year.
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