Nvidia And Intel’s Leap Into AI Chips: What It Means For Your Investments – NVIDIA (NASDAQ:NVDA), Intel (NASDAQ:INTC)

By: Alex Freidmen

As we usher in a new era of technological innovation in 2024, Benzinga is at the forefront, hosting the much-anticipated virtual event, AI Revolution: 2024 Portfolio Building, on Thursday, January 11, at 11 AM EST. This event is a golden opportunity for investors to delve into how artificial intelligence (AI) is revolutionizing portfolio-building and investment strategies.

A hot topic in the AI world is the AI chip market. It has had a whirlwind of activity, with giants like Nvidia NVDA and Intel INTC leading the charge. Nvidia’s shift to designing lower-powered AI chips in response to U.S. regulations showcases the adaptive nature of this sector. Despite challenges in the Chinese market, Nvidia’s role in the generative AI surge, especially following OpenAI’s ChatGPT launch, has marked it as a key player in AI advancements​​​​.

Meanwhile, Stanford University’s development of the NeuRRAM chip, a game-changer in AI-powered edge computing, represents a powerful stride in efficient AI processing. This chip exemplifies the increasing integration of AI into consumer hardware, enhancing capabilities in various applications, from smart wearables to industrial sensors​​.

Intel is a little behind, introducing the Intel Core Ultra mobile processor family and the 5th Gen Intel Xeon Scalable processors. These processors balance performance and power efficiency, further embedding AI in everyday devices and opening new horizons for AI applications across different sectors​​.

The market for AI chips is booming, with a predicted CAGR of 38.46% from 2022 to 2028. This growth is propelled by the expanding need for efficient systems to manage large data volumes and the rising demand for machine-learning applications across various industries​​.

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The AI Revolution: 2024 Portfolio Building event will feature insights from industry experts, including Jeremy Barnett, CEO of RAD AI, Dr. Alex Wissner-Gross, founder & managing director of Reified, and Nolan Carleton, strategic communications consultant & Lean Six Sigma black belt. These thought leaders will discuss AI’s impact on content strategies, audience engagement, and ROI optimization in the digital landscape. Don’t miss out on this chance to be part of the conversation that will shape the future of AI-driven investment. 

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