NAS:INTL has traded through the $30 resistance and is likely in the early stages of a multi-year recovery.
Combined with Gaudi 3 and Sierra Forest Xeon to be launched by 2024, INTC may just claim a decent market share in the generative AI market moving forward.
INTC has further streamlined its AI GPU offerings for the accelerated computing market through the next-gen Habana Gaudi 3, slated to be launched together with the Sierra Forest Xeon processor by H1’24.