INTC · News · 20260914N

AI Chip Competition

INTEL CORP · 2026-09-14 · Importance 32 · Surprise 42

Cornelis, an AI infrastructure company spun off from Intel in 2020, raised $205 million led by IAG Capital Partners. The company is developing networking technology intended to challenge Nvidia’s dominance in AI infrastructure. Its Active Compute Fabric enables simultaneous data transmission and processing and uses an open architecture compatible with multiple GPU and accelerator platforms.

Key facts

• Intel trades up about 155% since January. source
• Intel has surged over 300% in a year. source
• The article predicts Intel's stock could rise another 46% higher by 2027. source
• Intel just posted its strongest revenue growth in over 15 years. source
• Intel's shares have already tripled. source
• Intel sits around 30% below June's high. source
• Intel had a 15% rally since the start of September. source
• Intel (NASDAQ:INTC) stock is falling 7% to $95. source