AI PC Processor Market Is Set To Bloom
Discover why Intel's AI PC processors are a surprising bright spot amidst revenue declines, delays, and strategic challenges, capturing an estimated 43% market share in Q2/24.
Intel has been in the news for all the wrong reasons of late and is facing significant challenges. The company's revenue has declined, share price has dropped, and the company's headcount has fallen by over 15%. Its products are delayed, and the company’s strategy of splitting its business into smaller companies is being questioned for long-term survival. Despite this, there is one bright spot for Intel: rapidly increasing sales of its AI PC processors. We estimate that Intel gained as much as 43% market share in the AI Processor market in Q2/24, despite being the last entrant in the market.