Intel's AI chip business hits $1 billion a year, with target of $10 billion by 2022

Intel has sold more than 220 million Xeon processors over the past 20 years, generating $130 billion in revenues. But the latest $1 billion — generated by sales for artificial intelligence applications — may be the most important. Navin Shenoy, executive vice president at Intel, said at an Intel event that Intel’s AI chip business […]