How It's Beating Competition in AI in US and Overseas
NVIDIA's CEO, Jensen Huang, underscored the economic advantages of the company's AI chips over traditional CPUs in data centers.
Huang illustrated that this Superchip could curtail a data center's power consumption by a factor of 20 and cut costs by 12 times when compared to Intel's (NASDAQ: INTC) Xeon CPUs. As data centers pivot towards accelerated computing, NVIDIA's AI chips are gaining traction, CRN reports.
Intel's proposed $5.4 billion acquisition of Tower Semiconductor $Tower Semiconductor(TSEM.US$ is encountering resistance from China's State Administration for Market Regulation $Lippo Malls Tr R1(SAMR.SG$ .
This acquisition, pivotal for Intel's semiconductor ambitions, has been postponed twice due to China's hesitancy.
Intel's CEO, Pat Gelsinger, recently visited China to expedite the approval process. SAMR's reluctance likely stems from apprehensions about the competitive dynamics within China's semiconductor sector.
The decision will profoundly influence Intel's standing in the semiconductor arena and its rivalry with NVDA, Fagenwasanni reports. $NVIDIA(NVDA.US$ $Advanced Micro Devices(AMD.US$
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