Intel Says It Won't Even Make $500M From Gaudi AI Chips In 2024 Despite Nvidia Minting Billions: CEO Gelsinger Says Uptake 'Slower Than We Anticipated'

Intel Corp. (NASDAQ:INTC) has a Gaudi problem on its hands – the chipmaker revealed that its AI accelerator won’t even make $500 million in 2024, falling short of CEO Pat Gelsinger’s target of $1 billion to $2 billion. What Happened: Gelsinger …