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CLAIM #31870 · Intel Corporation (INTC) · 2023Q3 earnings call · Oct 26, 2023 · due Dec 31, 2024

we feel pretty comfortable that we're in a cycle that there will be growth in CPUs led by Xeon, as well as accelerators.

Pat Gelsinger · CEO

PENDING
graded after results covering Dec 31, 2024 are reported

In context

said in the comments. It gets even better as we go further out into the road map. So the ability for us to do inferencing at scale on our Xeon product line, we think, is very profound as we go forward. The road map is very healthy. The combination of Gaudi and our Xeons, that is exactly what you heard Dell announce in their road map. And we're just seeing, I'll say, the normalcy of that in the buying behavior. We saw a very good uptick for our OEMs this quarter as they're seeing their Xeon businesses. We're also seeing more ecosystem embrace our DevCloud. Lots of customers coming on it for both AI use cases on Xeon and on Gaudi. Key announcements like we had from Deloitte as they're partnering with us across application optimization as well as AI development on Xeon platform. So overall, we feel pretty comfortable that we're in a cycle that there will be growth in CPUs led by Xeon, as well as accelerators. And Intel is going to be participating in both of those capacities in meaningful ways. And this is part of what we said is AI everywhere. AI at the edge, AI at the client, AI in the data center and AI in the cloud, but inferencing will be the discussion topic for the industry as we go into ‘24. That will be done at scale and much of that is going to be done on Xeons. So with that, let's just thank you for joining us. Again, I want to reiterate our thoughts for our resilient Intel team in Israel and for all of those in the region that are affected by recent events. I also want to thank you for joining us on the call again today and your interest in Intel. We appreciate the opportunity to update you, answer your questions, respond to that. Most important, we are excited by the momentum we'r

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SEC filings for INTC · Claim quote is verbatim from the 2023Q3 earnings call.