"Intel's Gaudi 3 AI Chips Outperform Nvidia's H100s in Speed and Cost"

TL;DR Summary
Nvidia's stock dropped 5% as Intel and Alphabet announced new developments in the AI chip market, posing direct competition to Nvidia's H100 AI chips. Intel's Gaudi 3 chip is projected to offer better performance and efficiency than Nvidia's H100, while Alphabet's in-house Axion chip aims to reduce reliance on Nvidia. Despite increased competition, Nvidia's advantage in AI-related software may help maintain its edge in the market.
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- Intel Says New Gaudi 3 AI Chips Top Nvidia H100s in Speed and Cost Barron's
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