Intel has launched the powerful Gaudi3 AI chip, positioning itself to compete with industry giants Nvidia and AMD. The announcement led to a 1% rise in Intel’s shares. The Gaudi3 chip is expected to enter the market and rival Nvidia’s H100 and AMD’s upcoming MI300X in the competitive field of AI applications. Intel’s strategic vision includes the release of the Core Ultra 9 chip and a focus on competing with Taiwan Semiconductor Manufacturing Co. in the 7-nanometer chip market. The AI boom has seen significant stock surges for both Nvidia and Intel, emphasizing their pivotal roles in developing power-intensive AI solutions. Additionally, new Core Ultra processors in laptops from various brands promise enhanced gaming and 40% faster graphics processing, along with AI capabilities. (Source: Cryptopolitan)