Intel Drops A Bomb On The Silicon AI Market (NASDAQ:INTC)

Early this year, I detailed that Intel (INTC) was poised to lead the AI revolution over the coming decade. The widespread adoption of AI will contribute significantly to demand for (Intel) compute silicon, and hence, will be a growth driver for the company. Intel forecasts it will be about a $25 billion opportunity by 2025, compared to $3.8 billion revenue in 2019. On June 18, Intel launched its third-generation Xeon Scalable platform, codenamed Cooper Lake. This follows a bit over a year after the company's April 2019 data-centric portfolio launch, which included second-generation Cascade Lake, the 10nm Agilex FPGA and 800 series of 100G Ethernet adapters.