Intel's Gaudi 3 AI Accelerator Takes Aim at Nvidia's Dominance

Intel has launched its Gaudi 3 AI accelerator chip, aiming to compete with Nvidia's dominance in the AI chip market. The new chip promises better performance and power efficiency at a lower cost, with potential customers including Dell, HP, Lenovo, and others. However, Intel's stock has faced challenges, and it may struggle to dethrone Nvidia, especially with Nvidia's upcoming Blackwell platform and its CUDA software giving it an edge. While Intel may gain some market share, it's unlikely to lead to a wholesale shift in AI leadership from Nvidia to Intel.