Nvidia's Dominance Faces New Challenge As Israeli Startup NextSilicon Develops Central Processor That Could Rival Intel, AMD
NextSilicon, an Israeli startup, is developing a central processor to compete with Intel and AMD, leveraging the RISC-V standard. Their Arbel core is designed to rival offerings from these giants, while the Maverick-2 chip aims to accelerate precision scientific computing. NextSilicon has raised $300 million and is under review by U.S. national labs. Meanwhile, Intel is set to report Q3 earnings, with projected revenue slightly dipping to $13.14 billion, down from $13.28 billion last year, despite a strong performance trend.
NextSilicon, an Israeli startup, announced that it is developing a central processor aimed at challenging Intel Corp. (NASDAQ:INTC) and Advanced Micro Devices Inc. (NASDAQ:AMD), while also positioning itself to compete with Nvidia Corp.’s (NASDAQ:NVDA) platforms.
NextSilicon Expands Beyond AI Acceleration
On Wednesday, the startup disclosed plans for a complementary central processing unit leveraging the RISC-V open computing standard.
The company unveiled Arbel, an enterprise-grade RISC-V core built using Taiwan Semiconductor Manufacturing Co.'s (NYSE:TSM) 5nm process.
"Designed from the ground up to stand toe-to-toe with offerings from AMD and Intel," the company said.
Currently, the CPU is still at the test chip stage, while Maverick-2 chips are already in production.
NextSilicon's Maverick-2 Chip Poised To Challenge Nvidia
NextSilicon's flagship chip, the “Maverick-2,” is engineered to accelerate precision scientific computing tasks, including nuclear weapons modeling.
Nvidia once led this space, but as the company shifted its focus toward lower-precision computing for areas like artificial intelligence, startups such as NextSilicon have sought to capitalize on the change, as per Reuters.
The Israeli startup has secured $300 million in funding and its chips are currently under review by U.S. national labs.
James H. Laros III, senior scientist and Vanguard program lead at Sandia National Laboratories, stated that NextSilicon’s "performance results are impressive, showing real promise for advancing our computational capabilities without the overhead of extensive code modification."
Intel Q3 Earnings Preview: Revenue Expected To Slightly Dip
Meanwhile, Intel is preparing to release its third-quarter financial results on Thursday after the market closes.
Analysts project that Intel will report third-quarter revenue of $13.14 billion, slightly below last year's $13.28 billion for the same period, according to Benzinga Pro data.
The company has surpassed revenue expectations for four straight quarters and has beaten estimates in eight of the past ten quarters overall.
Benzinga’s Edge Stock Rankings show that INTC maintains a strong price trend over short, medium and long-term timeframes. Additional performance details can be found here.
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