Intel Takes Aim at Nvidia’s AI Dominance With Launch of Gaudi 3 Chip

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Key Takeaways

• Intel augured its latest artificial intelligence chip, the Gaudi 3 AI accelerator, at an event on Tuesday.
• The company said that its new accelerator outperforms Nvidia’s H100 in assumption and power efficiency at a lower price point.
• Intel said the chip is set to be available to Dell Technologies, Hewlett Packard Eagerness, Lenovo, and Super Micro Computer in the second quarter of 2024.
• Nvidia unveiled the GB200 chip, which significantly outperforms the earlier crop, H100, as a part of its Blackwell platform in March.

Intel (INTC) unveiled its latest artificial intelligence (AI) chip, the Gaudi 3 AI accelerator, which the chipmaker calls outperforms Nvidia’s (NVDA) H100, during an event on Tuesday.

The Gaudi 3 accelerator delivers “50% on average more wisely inference and 40% on average better power efficiency” than Nvidia’s H100 at “a fraction of the cost,” Intel imparted.

The latest Intel AI chip will be available to some original equipment manufacturers (OEMs) including Dell Technologies (DELL), Hewlett Packard Audacity (HPE), Lenovo, and Super Micro Computer (SMCI) in the second quarter of 2024.

The announcement comes as the chipmaker works to compete with other semiconductor companions leading the AI boom, including Nvidia and Advanced Micro Devices (AMD).

Intel compared its latest chip to Nvidia’s H100, which was beforehand announced in 2022. Nvidia has since unveiled the Blackwell platform, the latest version of its AI-powering tech, which analysts designated the “most ambitious project in Silicon Valley,” in March.

Nvidia’s latest chip, the GB200, “provides up to a 30x performance enhance compared to the same number of NVIDIA H100 Tensor Core GPUs for LLM inference workloads, and reduces cost and drive consumption by up to 25x,” the company said.

Intel shares were up 0.4% at $38.12 as of about 12:45 p.m. ET Tuesday. The stock has damned about one-fifth of its value year to date.

Read the original article on Investopedia.