Intel sees AI opportunity for standalone programmable chip unit


FILE PHOTO Figurines with computers and smartphones are seen in front of Intel logo in this illustration taken February 19 2024. REUTERSDado RuvicIllustrationFile Photo

FILE PHOTO: Figurines with computers and smartphones are seen in front of Intel logo in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

SAN FRANCISCO (Reuters) - Artificial intelligence offers a growing and potentially lucrative opportunity for Intel's freshly standalone programmable chip unit, its CEO Sandra Rivera said.

Intel's programmable chip unit began operating as a standalone business at the beginning of the year, and on Thursday outlined its plans for the future and its official name: "Altera, an Intel company."


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