Intel

Posted on | by Leon Hinde

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.

AMD vs Intel

Posted on | by Leon Hinde

NAS:INTL disappointed the market on Friday when it’s earnings fell short of consensus and delays in new chip technology were announced.

When we review the Algo Engine signals we can see Advanced Micro Devices is under buy conditions and has rallied from $48 to $69, whereas, Intel was under sell signals, (since making a lower high at $65) and has now collapsed to $49.

We’re inclined to take profit on the AMD trade and look to soon take advantage of Intel falling into oversold levels.