
Spoils from the artificial intelligence chip boom have so far been limited to just one chip company: Nvidia. Chip manufacturing giant Intel is missing out. A hopeful upgrade from investment bank Mizuho has pushed the company’s share price to a 17-month high. But the catalyst is not AI.
Sales in Intel’s data centre and AI unit dropped more than 10 per cent in the past quarter compared with the previous year. Over the past nine months, the company has reported $985mn in net losses. No wonder the stock trades at a sales multiple one-ninth the size of Nvidia’s.
您已閱讀31%(628字),剩余69%(1366字)包含更多重要信息,訂閱以繼續探索完整內容,并享受更多專屬服務。