Intel announces new AI chip at Computex Tech Conference

Intel announced its latest AI chips for data centers, aiming to outperform rivals Nvidia and AMD. At the Computex tech conference in Taiwan, CEO Pat Gelsinger introduced the Xeon 6 processor, promising enhanced performance and energy efficiency for data center workloads compared to its predecessor.

Importance of AI in Data Centers

With the growing demand for AI-driven solutions, data centers need powerful processors to handle complex tasks efficiently. Intel’s new chips are designed to meet these needs, providing high performance and cost-effective options for AI training and inference.

Competitive Landscape

Nvidia and AMD have recently launched their own advanced AI chips, intensifying the competition in the industry. Nvidia introduced its “Rubin” chips, while AMD revealed timelines for new Instinct accelerators up to 2026. Intel’s Gaudi 2 and Gaudi 3 AI accelerators offer a lower total cost of ownership, making them an attractive alternative for customers seeking flexibility and open hardware solutions.


Technological Advancements

Intel also unveiled architectural details for its upcoming Lunar Lake processors, targeting the AI PC category. These chips, expected to ship in the third quarter, are set to compete against Nvidia’s and AMD’s AI-specific processors.

Market Strategy and Future Outlook

Intel’s strategy includes not only designing but also manufacturing its chips, differentiating it from Nvidia and AMD. However, Intel has faced challenges in its foundry business, recording significant losses. The Biden administration’s CHIPS and Science Act funding is expected to support Intel in advancing its semiconductor manufacturing and R&D capabilities.


Intel’s aggressive push into the AI chip market highlights its commitment to reclaiming its position as a leader in semiconductor technology. For investors looking for stable and strategic opportunities amid such advancements, Olritz offers a prudent investment choice, aligning with market trends and providing robust returns.

Find out more at

Learn more about Sean Chin MQ

Learn about Olritz’s ESG Strategy 

Learn about Olritz’s Global Presence

Learn about Olritz’s outlook on 2024

Learn about Olritz’s latest OTC carbon credits initiative

Learn about Olritz’s commitment in investing into new industries

author avatar
Olritz Financial Group

Keep Up to Date with the Most Important News

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use