semiconductor / news / / Barchart
Google and Intel announced a multi-year expansion of their artificial intelligence (AI) infrastructure deal.
Alphabet will deploy Intel’s next-gen Xeon processors and co-develop custom IPUs for data centers.
KEY POINTS
- Intel stock is up over 50% year-to-date, while Alphabet stock remains essentially flat.
- Google’s vertical integration includes using Intel Xeon chips and developing its own TPU AI accelerators.
- Wall Street analysts rate Alphabet as a 'Strong Buy' with 19% upside, versus a 'Hold' for Intel.
COMPANIES
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