Intel Corp. highlighted it challenge to rivals in gaming and autonomous driving, as well as a new generation of laptop chips Tuesday at CES 2022.
In a Media Days presentation that was streamed for those not in attendance at the Las Vegas tech conference, Intel INTC,
The company said it expects more than 100 devices from Acer Inc. 2353,
The chip maker also said it was shipping its “Alchemist” Arc ray-tracing graphics chip this quarter to original equipment manufacturers to be used in more than 50 mobile and desktop products. Intel has been trying to develop new gaming technology that can challenge rivals Nvidia Corp. NVDA,
“This is such a huge step forward in our XPU journey,” Gregory Bryant, who leads Intel’s Client Computing Group, said in Tuesday’s presentation.
Intel also detailed a new Mobileye chip for autonomous driving, which it foresees as the cheap chip needed to get automated driving in the hands of consumers. Most experts expect vehicles with more autonomous capabilities to roll out in the coming years, but not in cars owned by typical consumers — most are expected to be ride-hail vehicles or freight-movers, like big-rigs, where higher prices will lead to savings over time for the owner.
Mobileye is marketing the EyeQ Ultra as a system-on-a-chip that can scale down the price of automated driving for consumers, with capability for Level 4 autonomous driving, just short of full autonomy. Mobileye, which Intel expects to spin off this year in an initial public offering, projected that the chips will start being produced in late 2023 and full automotive-grade production to hit in 2025.
Mobileye announced other advancements Tuesday with Geely Automotive Holdings Ltd.’s 175,
“We just couldn’t offer the systems we do at Ford without you, and we’re betting on Mobileye for the future,” Farley told Mobileye CEO Amnon Shashua in the presentation.
Intel shares were up 0.3% in recent activity, while AMD and Nvidia stocks fell in morning trading after earlier presentations. Shares are up 7% over the past 12 months, compared with a 42% gain on the PHLX Semiconductor Index SOX,