While cloud hyperscalers have dominated the generative AI discussion, enterprises are wary of costs as well as protecting data and see hybrid approaches more viable.
AMD's third quarter financial results were better than expected, but the outlook for the fourth quarter was lighter than expected.
Intel handily topped third quarter expectations as the company's PC business stabilized.
Oracle will operate and manage OCI services directly within Azure data centers in North America and Europe. The Oracle-Microsoft partnership is easy to understand: Both have common foes in AWS and Google Cloud.
Demand for generative AI and AI-optimized systems is strong and that means long lead times potentially extending well into 2024.
Dell's AI-optimized servers with Nvidia GPUs are selling well.
What's good for Nvidia shareholders may give enterprise technology buyers pause. Nvidia needs competition.
CEO Jensen Huang said Nvidia is benefiting from its GPUs as well as its Mellanox networking and switch gear.
"What we're doing is democratizing access to generative AI, lowering the cost of training and running models, enabling access to large language model of choice instead of there only being one option," said Amazon CEO Andy Jassy.
AMD CEO Lisa Su said multiple customers are at the chipmaker to power AI projects and have "initiated or expanded programs supporting future deployments of Instinct accelerators at scale."
Intel's PC chip business was down 12% in the second quarter from a year ago to $6.8 billion and its data center and AI business had revenue of $4 billion, down 15% from a year ago.
TSMC has seen an increase in AI-related demand for semiconductors, but it wasn't enough to offset weakness elsewhere.