Analyst: Partnership with Google shows Intel is still in the game
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He raised Intel's target price from $57 to $76. Although Google has deployed various chips, including Nvidia GPUs and its own self-developed chips, the company has still committed to adopting multiple generations of Intel's Xeon CPUs. Acree said that this collaboration demonstrates that "CPUs still hold a central position in heterogeneous AI systems, and x86 continues to play a lasting role in hyperscale infrastructure." He added that this confirms "the market is increasingly realizing that AI is a full-system architecture issue, not just a GPU issue."
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