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moments after he wrapped up the call, pat gelsinger said they shouldn't count intel out of the a2 chip. aws is using it. the big test comes with gaugi 3, which customers could anticipate later this year. >> obviously, we had a good quarter on gaudi 2, the ml-perf results, the benchmark the industry looks at. that was very good that was gaudi 2 i'm happy to tell you we now have the first gaudi 3 wafers in hand and they're looking good so far. so, we'll be turning those into products and sampling those rapidly. as we said, gaudi 3 is a '24 product for us clearly, that's going to raise we sort of say it doubles the capacity that we have today on gaudi 2 on multiple die mmensios gaudi 2, 3, falcon shores, so we're executing on a simplified, focused road map >> hope to be with you in september because that's when intel innovation is. are we going to have customers talking about experience with gaudi 3 at that point? >> we'll see what we have to talk about to innovation, jon, but i'm sure i'll have a few surprises to talk about with you then as i say, we're seeing first wafers on it now it t

the intel ceo pat gelsinger said they were looking forward to a new era using pcs using ai technologythe pc side inventory levels are not healthy. everything we have seen, a lot of the issues we work through, q4, q1, q2 were over inventory levels by the oems and the channel. now everything is healthy. our roadmap is very good. we have gained share multiple times in a row. i think we are now at five out of six quarters where we have gained market share. i say in the pc business, healthy. our position is good and we are looking forward to the ai pc. with our launch of our next generation product meteor like later this year we believe it ushers in the ai pc generation. i have compared that to likes into reno and wi-fi. two decades ago. a major new use case for why the pc is the best platform. so, we are quite excited about that. on the data center side, you know, we still saw the inventory levels still persist. china was weaker than expected. there recovery is going slower. and, we see this shift towards ai. you know, these big training with siege. -- training missing -- machines. those

analyst call ceo pat gelsinger, seeing weakness in all segments of its business through the year-end server chip sales won't recover until the fourth quarter the finance chief saying part of this reason, progress the company made towards slashingses 3 billion in costs this year pc sales were down, but not down like they were in previous -- one quarter after the pandemic, which stimulated pc sales. down like 30%, pc sales. this time down like 15% or something. in an interview with jon fortt, intel ceo pat gelsinger laid out his vision for ai in that boom. >> we see the ai, it's not a particular architecture, particular chip. ai is a workload if you think about the highest-end training, jon, talking about tens of mega watts that run for months. then you say, hey, going to infuse ai into the pc. that's going to be tens of watts and needs to be within seconds then you're going to have ai that fits in your hearing aid that's going to be tens of microwatts, right? needs to be instantaneous. ai become as workload across every one of these applications, and will be a driver of new use cases.

i'm going to praise pat gelsinger. i went over that quarter a couple times >> really?ait, what >> it was a great quarter. >> you have been -- >> i've been waiting >> you have been uniformly negative about intel for years, and of course, been right to have been negative on intel. >> thank you very much >> so, it's surprising to hear you positive why? >> well, because he talks about the other side jensen huang may not agree with this, ceo of nvidia. the other side of a.i. he's got the right chips to make it so all the ancillary parts of a.i., very important bottom call to pcs, leapfrog technology because they've done a lot of good things with engineering mobile eye turned out to be a plus for them. the ipo. new spirit when i read his email to me initially, i wasn't dismissive, but i says, that's great, pat. i took it home and read it friday and read it again last night, and the conference call, and it truly is -- i reached out to him immediately and said, look, i have to tell you, you've endured a lot, including from me, but i like the game plan i think the game plan is

we braked on the company earnings with the ceo, pat gelsinger.

second quarter profit issued a strong third quarter forecast coming up, we will hear from ceo pat gelsinger

still a few years away from where they want to be on that front but some of the commentary from pat gelsinger been that things will improve in the second half of the year, especially for personal computers, where they play heavily, and so i think the market, it's the kind of stock where the market is really looking for good news on that front. >> you can take a look there that's just a year in terms of how nvidia has distanced itself from every other company, of course, and there's a few years. take a look. look at intel there. you know, when you look at intel over the last 20 years, you see the decline of american chip manufacturing, basically, and to your point, they missed a couple of cycles on nanometers. taiwan semi became the world's preeminent manufacturer of the most advanced chips. intel was, and then it wasn't. >> apple >> apple makes the m-2 for their macbooks samsung. there are different chips for different types of uses,but we grew up in a world where andrew grove, i remember back in the early days when i was at -- andy grove was the king, and intel was, without a doubt, one of t

conditions no official word from the companies, but in a statement to cnbc, intel says its ceo pat gelsingerrn home this week rn >>> up medicalnext, we're goingg into the result from the big banks and look ahead to more results come days and a reindeer as we head to break, you can always -- missing an m >> is that rudolph >> i think it meant reminder i out of just said reminder. i like it. if it says reindeer, i got to say it oh, boy. at morgan stanley, old school hard work meets bold, new thinking, ♪ to help you see untapped possibilities and relentlessly work with you to make them real. ♪ this is american infrastructure, a prime target for cyberattacks. but the same ai-powered security that protects all of google also defends these services for everyone who lives here. ♪ >>> jpmorgan, wells fargo and citi all doing better than expected last week and b of a, dead money for quite a while. we're going to get some key regionals. we're joined by barclay's managing director and senior equity analyst jason goldberg. suddenly i got really interested in the whole subject by thinking about some of t

coming up later pat gelsinger in the 12:00 hour will be talking after interim results came out betterquarters of losses. we will be kicking off the market open with jonathan ferro on bloomberg television on radio bloomberg surveillance does continue as we move toward what we have with increasing data dependence, strategic ambiguity, the trifecta of central bank. ers. this is bloomberg. ♪ sleepovers just aren't what they used to be. a house full of screens? basically no hiccups? you guys have no idea how good you've got it. how old are you? like, 80? back in my day, it was scary stories and flashlights. we don't get scared. oh, really? mom can see your search history. that's what i thought. introducing the next generation 10g network. only from xfinity. (jennifer) the reason why golo customers have such long term success is because we focus on real foods in the right balance so you get the results you want. when i tell people how easy it was for me to lose weight on golo, they don't believe me. they don't believe i can eat real food and lose this much weight. the release supplement mak