"Intel's Gaudi 3 AI Chip Takes Aim at Nvidia's Dominance"

Intel has unveiled its latest AI chip, Gaudi 3, which it claims is over twice as power-efficient and faster than Nvidia's H100 GPU. The chip comes in different configurations and is set to be available to customers in the third quarter. With Nvidia dominating the AI chip market, Intel aims to compete by offering competitive pricing and an open integrated network on chip. The AI boom has driven Nvidia's stock up, while Intel and AMD are also looking to expand their AI chip offerings for servers. Intel's Gaudi 3 is built on a five nanometer process and the company plans to manufacture AI chips at a new Ohio factory in the future.