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Reuters previously reported that Intel is considering selling its stake in Altera, a FPGA (Field-Programmable Gate Array) manufacturer, as part of its business restructuring and cost-cutting efforts, as AMD and Marvell are said to be potential buyers. As per a report from Economic Daily News c...
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AI chip giants NVIDIA and AMD have been under heated competition for a couple of years. NVIDIA, though controls the lion’s share of the market for AI computing solutions, had been challenged by AMD while the latter launched Instinct MI300X GPU in late 2023, claiming the product to be the fastest A...
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Rumors have been circulating that Intel has been working with investment bankers on options to navigate the company through difficulties, which may include selling off its Field Programmable Gate Array (FPGA) unit Altera and halt its investment project in Germany, according to the report by Reuters....
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On August 19, AMD announced its acquisition of ZT Systems, a cloud computing and AI data center equipment designer, for a total value of USD 4.9 billion. This move is intended to strengthen AMD's AI computing capabilities, while hinting at its challenge to NVIDIA's dominance in the AI market. AMD...
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After the disappointing financial performance in Q2, Intel has been plagued by a series of challenges. Its shares plunged, falling to the lowest point in over a decade, coupling with the suspension of dividend payouts, layoffs, and product failures. The company may be facing its worst moment in 50 y...