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Intel CEO Pat Gelsinger Resigns Amidst Company Turnaround Challenges

Intel faces significant challenges as it navigates leadership changes and market pressures, with analysts expressing concerns over its competitive position against AMD and Nvidia. The company, valued at $107.2 billion, is urged to focus on its product group and manufacturing capabilities while addressing investor confidence and the need for innovation in AI and chip technology.
VentureBeat
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Technology & Innovation, Transcript
16:40 02.12.2024

vidia addresses design flaws as blackwell chip production ramps up

Nvidia reported a 94% revenue increase to $35.1 billion, driven by strong demand for its AI chips, despite earlier production issues with its Blackwell GPU. CEO Jensen Huang confirmed that production is now on track, with significant sales expected from major clients like Microsoft and OpenAI. The company continues to lead the AI market, although analysts caution that profit margins may shrink as it shifts to more expensive chip production.
WIRED
United States Dollar NVIDIA Corporation SAP SE ServiceNow, Inc. Meta Microsoft Corporation Amazon.com, Inc. Taiwan Semiconductor Manufacturing Company Limited Google Inc. Salesforce, Inc. USA Patrick Moorhead Jensen Huang Will Knight Colette Kress Show more
Technology & Innovation, Market Report
01:15 21.11.2024
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