Intel is setting its sights on Nvidia with the anticipated release of a new AI chip by the end of this year. This move comes as the company seeks to strengthen its position in the competitive AI market.
The leader of Intel's data center unit has indicated that the upcoming product will be an 'inference' GPU, which is designed to enhance AI processing capabilities.
This announcement coincides with a significant rally in Intel's shares, which have reportedly increased by more than 200% in 2026, reflecting growing investor confidence in the company's direction.