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Can Intel's AI Focus Restore Its Competitive Edge & Boost Shares?
ZACKS· 2025-12-17 01:36
Key Takeaways INTC is in advanced talks to acquire SambaNova Systems for about $1.6B to expand its AI capabilities.Deal provides Intel ready-made AI chips, software stacks and talent, cutting years of internal development.INTC is pushing AI momentum with new chips, Xeon 6 wins, Cisco collaboration and a $5B NVIDIA investment.Per a Bloomberg news report, Intel Corporation ((INTC) is in advanced talks to acquire AI start-up SambaNova Systems for about $1.6 billion. SambaNova is known for designing custom AI c ...