Intel unveils new AI chips, more at Innovation event
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Intel (NASDAQ:INTC) made several announcements at its Innovation event on Tuesday, including the proclamation that its fifth-generation Xeon processors would be available on December 14.
Speaking at the event, Intel (INTC) CEO Pat Gelsinger said the new Xeon processors would have major advances in both efficiency and performance, along with announcing an E-core processor that has 288 cores.
In addition, Supermicro Computer (SMCI) said it would support and provide early access for the Xeon processors on its family of x13 servers.
Separately, Intel (INTC) said that artificial intelligence would be coming to PCs with the launch of the Intel Core Ultra processors, also slated to be released on December 14. The Core Ultra will bring "power efficient" AI acceleration and local inference to the PC, the Santa Clara, California-based company said. 
Pricing details of the new chipsets was not disclosed.
In addition, Intel (INTC) said a large AI Supercomputer would be built on Xeon processors and the company's Gaudi AI accelerators, with Stability AI as the anchor customer. 
Gelsinger and Intel also said that the company's five-nodes-in-four-years process technology plan remains on track, having shown off a new multi-chiplet package using Universal Chiplet Interconnect Express interconnects.
Intel (INTC) shares fell 3.5% in mid-day trading on Tuesday following the announcements.

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