Intel launches Gaudi 3 AI accelerators on IBM Cloud, stock falls 1% after hours.

From Stocktwits: 2025-03-31 22:44:00

Intel has launched its Gaudi 3 AI accelerators on IBM Cloud, initially available in Frankfurt and Washington DC, with expansion to Dallas in Q2. The announcement was made at the Intel Vision 2025 event. Shares of Intel fell 1% after hours on Monday. New CEO, Lip-Bu Tan, outlined the company’s strategy, emphasizing commitment to foundry business. Stock sentiment on Stocktwits shifted from ‘bearish’ to ‘neutral’. Analysts have an average price target of $22.90 for Intel. Two recommend ‘Buy,’ 39 ‘Hold,’ and three advise ‘Sell.’ Intel stock is up over 13% YTD.



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