Published: June 1, 2026 ⢠7:02 PM IST · Updated: June 2, 2026 ⢠1:32 AM ISTBy TheBriefWire Editorial Team
Key points
Intel plans to ship an AI chip by the end of this year that uses cheaper memory and cooling technology than rival offerings from Nvidia and AMD, as the US chipmaker seeks to capitalize on a sharp turnaround in its fortunes.
Kevork Kechichian, who leads Intelās data center group, told the FT that the company is āstarting with the basicsā as it tries to challenge its rivals in the booming market for semiconductors that power AI.
Its new āCrescent Islandā graphics processing unit is designed to speed up āinferenceā tasks, the stage when a user makes their request, rather than the training of models, an area where Nvidiaās processors are dominant.
An earlier attempt at building a GPU for training AI models called āGaudiā saw poor sales, and its planned successor was cancelled last year.
āWe decided to start rebuilding our muscles in AIā¦