Shares of Nvida and Advanced Micro Devices jumped higher on Monday after the companies’ mighty foe Intel revealed a lengthy product delay.
Intel had once looked to get a product code named Larrabee out the door this year or next. Larrabee marked Intel’s move into the standalone graphics chip market and posed a real threat to Nvidia and A.M.D., which sell most of the graphics chips. But Intel’s graphics project has now shifted from “soon to be released” to “please standby.”
“Larrabee silicon and software development are behind where we had hoped to be at this point in the project,” Intel said in a statement. “As a result, our first Larrabee product will not be launched as a standalone discrete graphics product, but rather be used as a software development platform for internal and external use.”
No comments:
Post a Comment