At the same time Intel is definitely entering the race, and more competition is always nice:
Microsoft CEO Satya Nadella also appeared at the Intel event, where he announced that his company will use Intel’s relaunched foundry to make future chips.
In 2022, the US government passed the CHIPS Act promising $52 billion to reinvigorate domestic chipmaking and secure silicon supply lines.
According to a Bloomberg report, Intel is in line to receive $10 billion of that money.
Or this piece about creating an open-source software competitor for Nvidia, among other things:
Also importantly, Intel is spearheading a consortium of heavy hitters that are developing open-source software which can interface with all AI chips.
Such software would eliminate Nvidia’s (NASDAQ:NVDA) biggest competitive advantage: its software, which enables its chips to be easily managed simultaneously.
Intel’s consortium also includes Arm (NASDAQ:ARM), Alphabet (NASDAQ:GOOG, GOOGL), and Broadcom (NASDAQ:AVGO).
It expects to unveil a finished product by the end of this year.
Here's another one putting the blame on them not investing in OpenAI:
https://www.reuters.com/technology/artificial-intelligence/how-chip-giant-intel-spurned-openai-fell-behind-times-2024-08-07/
At the same time Intel is definitely entering the race, and more competition is always nice:
Or this piece about creating an open-source software competitor for Nvidia, among other things:
Corporate / Enterprise AI solution with quite a customer/partner list:
They're starting to release tools to use Intel ARC for AI tasks, such as AI Playground and IPEX LLM:
https://game.intel.com/us/stories/introducing-ai-playground/
https://www.intel.com/content/www/us/en/products/docs/discrete-gpus/arc/software/ai-playground.html
https://game.intel.com/us/stories/wield-the-power-of-llms-on-intel-arc-gpus/
https://github.com/intel-analytics/ipex-llm
Personally I wouldn't count Intel out of the game just yet, gonna be interesting to see what happens during 2025-2026.