$Intel Corp (INTC.US) $New processors designed for data centers have been released to enter this lucrative market. But here, it will face$NVIDIA Corp (NVDA.US) $和$Advanced Micro Devices Inc (AMD.US) $More intense competition.
The new product line will include updated artificial intelligence chips, new versions of Intel Corp Xeon processors, and chips to help connect telecom networks. The company will also launch graphics chips for data centers for the first time, challenging NVIDIA Corp's stronghold.
Intel Corp CEO Pat Gelsinger announced the products at a company event in Dallas on Tuesday. Although Intel Corp's processor is still the most widely used processor in large data centers, other companies are growing faster and taking market share. This market will become the key battlefield for Intel Corp to regain his dominant position.
NVIDIA Corp's data center business has tripled since 2019, to more than $10 billion a year. AMD's overall revenue surged 71 per cent in the first quarter, driven by sales of cloud server chips.