Following that, Intel reported that it expects its second quarter revenue to fall below the midpoint of previous projections of US$12.5 billion ($16.94 billion) to US$13.5 billion, which helped send its shares down by 31% in April, their worst month in more than 20 years as reported by Bloomberg.
Intel is seeing demand globally for its newest artificial intelligence (AI) chip, Gaudi 3, and will sell them and bring them wherever they legally can, says Alexis Crowell, Intel’s Chief Technology Officer for Asia Pacific & Japan at Intel’s AI Summit in Singapore on May 9.
Crowell’s comment comes a day after the US revoked Intel and Qualcomm’s licenses to sell its chips to Chinese telecommunications giant Huawei, the latest development in the US-China semiconductor trade war.
