Intel

INTC

Market cap $177B

Intel Corp (NASDAQ:INTC, ETR:INL) on Tuesday unveiled a new data center graphics processing unit (GPU), codenamed Crescent Island, and a rack-scale reference design based on its Gaudi 3 systems, marking a further push into the artificial intelligence (AI) market. The move comes as Intel seeks to catch up with rivals Nvidia Corp (NVDA) and Advanced Micro Devices Inc (AMD) in the AI space.

LOS ANGELES--(BUSINESS WIRE)-- #AIMarketing--RAD Intel announced today that Aaron Vandeford has joined as Director of Investor Relations. In this role, Vandeford will lead and investor relations strategy and execution, strengthening engagement across the company's growing investor community and helping position the company for its next stage of growth. Vandeford brings nearly 20 years of experience in investor relations, strategic finance, and capital markets. He has advised and led investor communications fo.

INTC's new Crescent Island GPU targets surging AI inference demand with cost-efficient, high-memory performance for enterprise data centers.

Intel secured over $18 billion in new funding: $11.1B U.S. government, $5B Nvidia, and $2B SoftBank, bolstering liquidity and credibility. Nvidia's stake enables GPU–CPU integration for AI PCs and data centers, expanding Intel's reach in a $50B+ TAM. SoftBank's $2B investment links Intel to Arm's AI ecosystem, creating long-term foundry demand and new cross-platform opportunities.

IBM's cloud-driven transformation and steady growth may give it an edge over Intel's AI ambitions and valuation appeal.

The three stocks in this analysis all look as if they are ready to get back to a bullish run, and all look as if they are ready to gap to the upside at the open on Wednesday.

To say that Panther Lake, Intel's (INTC -4.47%) upcoming family of laptop CPUs, is an important product would be a vast understatement. Not only is Panther Lake an opportunity for Intel to win back market share lost to AMD over the past few years, but it's also a showcase for the expensive game of catch-up the company has been playing in manufacturing.

Is Intel's stock due for a pullback?

Trade tensions and signs of stiffening competition weighed on a number of stocks in the AI space Tuesday. Meanwhile, stronger-than-expected quarterly profits helped lift shares of a large bank.

The major U.S. equities indexes rebounded Tuesday afternoon from earlier losses amid lingering worries about U.S.-China trade tensions. The Dow and S&P 500 were slightly higher, while the tech-heavy Nasdaq was little changed.