• Intel’s programmable chip began operating as an independent business and was officially named “Altera, an Intel Company” at the beginning of the year. Intel CEO Sandra Rivera stated that the programmable chips designed by Altera are very useful for computing tasks between custom processors designed by cloud computing companies (such as Amazon) and general-purpose artificial intelligence chips manufactured by Nvidia.
  • As the hardware needed to support artificial intelligence is currently undergoing continuous changes, programmable chips will fill a growing niche market. Although it is not yet clear how significant the opportunities are for programmable chips due to the lack of good third-party data at present, it is believed to be more substantial than people realize.

Intel CEO Sandra Rivera stated that artificial intelligence provides a potential profit opportunity for its standalone programmable chip unit, named “Altera, an Intel Company.” The company plans to issue shares of Altera in the next two to three years, emphasizing the forefront position of programmable chips in addressing the evolving hardware demands in artificial intelligence applications.

Standalone programmable chip unit at Intel

Rivera highlighted the potential for lucrative profits in the latest independent programmable chip division at Intel, which operates under the official name “Altera, an Intel Company.” The programmable chips designed by Altera have shown outstanding performance in artificial intelligence applications, suitable for computing tasks between custom processors designed by cloud computing companies (such as Amazon) and companies like Nvidia.

The parent company plans to issue shares of Altera in the next two to three years.

The company’s current programmable chip product , Agilex, is produced by Intel’s manufacturing department, Intel Foundry. When it comes to the upcoming Agilex 3 chip, Rivera did not disclose whether it will be produced by Intel Foundry.

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Promising Future

Due to the ongoing changes in the hardware required to support artificial intelligence, programmable chips will fill a continuously growing niche market. Rivera emphasized that programmable chips have always been at the forefront of the innovation cycle, making it easier for the industry to transition.

The market estimate for programmable chips is around $8-10 billion in 2023, although there is currently a lack of good third-party data. Rivera believes the opportunities may be even greater.