Nvidia focused heavily on AI early in the game, and this has led to the company dominating the AI chip market, with an 80% share. But Intel, a giant in the market for central processing units (CPUs) the main chip in any given computer has struggled to keep up in the high-growth area of AI. The market sanctioned the company’s performance, bringing the stock down 30% in one trading session last week. This comes as the company, which had fallen behind in the artificial intelligence (AI) race, aims to gain share there, become a giant in the AI personal computer (PC) industry, and work toward its goal of becoming the world’s No. 2 chip foundry by the end of the decade. Is the world about to go on recession ?
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