Intel announces new data center chips to rival AMD

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The competition in the semiconductor market is heating up as Intel (INTC) becomes the latest chipmaker to announce a new AI chip. This move comes after Nvidia (NVDA) and AMD (AMD) recently announced their own AI chip offerings for the market.

Yahoo Finance's Akiko Fujita dives into the details of the global chip industry and the projected investments and revenue to come from this sector in the years ahead.

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This post was written by Angel Smith