Intel 'late' to AI, but shouldn't be ruled out yet: Analyst

Intel (INTC) revealed how it plans to incorporate AI into upcoming products at its annual innovation event in San Jose, CA. CEO Pat Gelsinger emphasized the importance of AI to the company, stating "Intel is going to build AI into every platform." Stifel Analyst Ruben Roy says that it will take some time to gauge Intel's "very ambitious goal." Pointing out that Intel may be "late potentially to the game," Roy insists the company should not be ruled out, though he cautions it's still too early to tell how successful they will be.