The tech industry is abuzz with Intel’s launch of its Xeon 6 series, tailored for AI data centers and cloud providers, set to challenge AMD’s EPYC processors and Nvidia’s stronghold on AI chip training. The Xeon 6 series introduces two microarchitectures, Performance Core (P-Core) and Efficient Core (E-Core), aimed at enhancing AI applications and high-performance computing while optimizing power efficiency. This advancement comes amid a burgeoning AI chip market, projected to reach $33 billion by 2028, with Intel and AMD poised to dominate the inference segment. In another significant development, Tesla’s China-made EV sales have seen a year-over-year decrease of 6.6% to 72,573 units in May, despite a sequential improvement from April. The decline is attributed to a reduction in Model Y production at the Shanghai plant due to weakening demand, contrasting with the robust growth of local rivals like BYD. Tesla’s global challenges are further compounded by CEO Elon Musk’s controversial decision to redirect Nvidia’s AI chips, initially reserved for Tesla, to his other ventures, X and xAI. This move, which could delay Tesla’s receipt of over $500 million worth of processors, has sparked shareholder concerns over Musk’s commitment to Tesla’s AI and robotics initiatives, especially as the company faces a slowdown in the EV market and layoffs. As Tesla prepares for its annual meeting on June 13th, where shareholders will vote on Musk’s $55 billion compensation package, the industry is closely watching how these developments will shape the future of AI and EVs.
Key points
- Intel unveils Xeon 6 series chips for AI data centers, challenging AMD and Nvidia.
- Tesla’s China-made EV sales decline by 6.
- Elon Musk faces scrutiny for allegedly redirecting AI chips from Tesla to his other companies, X and xAI.
- Tesla shareholders express concerns ahead of the vote on Musk’s compensation package.
6%, with 72,573 units sold in May.
