AI Chipset Sales Are About To Blast Off
Techstrong.ai, Wednesday, August 28th, 2024
It wasn't officially AI week, but financial results, two recent conferences and a new research report would suggest otherwise.
While NVIDIA Corp. dominated the news with mostly sterling results Wednesday, down the road at Stanford University, Intel Corp. and others were touting their competing AI accelerators. Intel is gearing up for a September product launch around Gaudi 3 and Xeon 6.
At the VMware Explore conference in Las Vegas, benchmarks showed a 40% gain in NVIDIA Blackwell GPU performance. Meanwhile, Broadcom Inc. added support for Gaudi 2 to the VMware platform. And IBM Corp. previewed the next generation of AI processors for the mainframe.
It all adds up to accelerating AI accelerator sales, according to an intriguing report from The Futurum Group's research arm. It estimates the total market in processors and accelerators for AI applications in the data center segment will reach $138 billion in 2028 from $38 billion this year.