Intel Stock: Partnership with Kasm Technologies Expanded - Börse Express
Article excerpt
In an effort to solidify its position in the artificial intelligence market, Intel today announced an expanded partnership with Kasm Technologies. The goal of the cooperation is to provide local AI work environments. The chip group's Xeon-6 processors are used to operate so-called Kasm AI Workspaces directly at the customer's site. The announcement comes at a time when the company is investing heavily in its technological reorientation and the efficiency of its organizational structure. Yesterday, on Friday, the stock recorded a decline of 2.3 percent during trading and closed at 77.27 Euro. Market observers attributed the pressure on the price, among other things, to weaker demand in the PC sector and sector-wide profit-taking. In addition, the additional stock offering of 23 billion US dollars, which was completed a good two weeks ago, continues to weigh on the quotation. Despite progress in the infrastructure sector, there are reports of hurdles with end-consumer products. According to media reports, the NPU part of the upcoming Wildcat Lake client chip has a computing power of 17 TOPS. This would mean the processor falls below the threshold of at least 40 TOPS set by Microsoft for Copilot+ certification. This could affect competitiveness in this specific segment of AI-powered laptops. In parallel, Intel is advancing the development of its server division. The next...
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The next generation of the Diamond Rapids platform is to be manufactured using the advanced Intel 18A-P process and utilizes Foveros Direct 3D technology for chip interconnection.
