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Intel said it has optimized more than 500 AI models for its Core Ultra processors in an effort to cement itself as the AI PC chip leader.

Today, Intel announced it has successfully optimized over 500 AI models to run on the new Intel Core Ultra processors. These AI-friendly PC chips are equipped with capabilities that enhance AI experiences, provide immersive graphics, and optimize battery life.

Intel Co. (NASDAQ:INTC – Get Free Report) CEO Patrick P. Gelsinger bought 4,000 shares of the firm’s stock in a transaction dated Monday, April 29th. The stock was purchased at an average cost of $31.42 per share, with a total value of $125,680.00. Following the transaction, the chief executive officer now directly owns 35,275 shares […]

Intel (NASDAQ:INTC – Free Report) had its price objective trimmed by Roth Mkm from $45.00 to $35.00 in a research report report published on Friday morning, Benzinga reports. The firm currently has a neutral rating on the chip maker’s stock. Several other brokerages have also recently weighed in on INTC. Wells Fargo & Company lowered […]

Intel (NASDAQ:INTC – Free Report) had its price target lowered by The Goldman Sachs Group from $39.00 to $34.00 in a research report released on Friday morning, Benzinga reports. The brokerage currently has a sell rating on the chip maker’s stock. A number of other research analysts have also recently commented on the company. Wedbush […]