Intel Develops New Gaming Processor and Platform
Intel (NASDAQ: INTC) announced plans for a new processor and a dedicated platform focused on gaming. The announcement was made by Intel executive Daniel Rogers at CES, as reported by TechCrunch. Following this disclosure, Intel shares increased approximately 7% in Wednesday trading.
Platform DetailsAccording to a Tuesday briefing, the company is developing a dedicated gaming processor alongside a broader gaming platform that will combine both hardware and software. This platform is expected to be built on Intel's Core Series 3 processors, which will serve as its foundation. Rogers stated that Intel plans to release additional details about the processor and platform later this year.
Competitive ContextThis initiative marks Intel's continued engagement in the gaming chip market, a segment where the company has had a presence since the 1990s. The development aims to strengthen Intel's competitive standing against Advanced Micro Devices (AMD) and Nvidia (NVDA), both of which have expanded their gaming-focused processor portfolios recently.