Our massive chips will be assembled on a "run" course. Intel (INTC.US) is about to announce a Bitcoin mining chip.

Intel (INTC.US) will unveil its Bitcoin mining chip at the International Semiconductor Circuit Conference next month, CoinDesk has announced.

Regarding the agenda of the meeting, the media noted that Intel will participate in the meeting with the theme "Bonanza Mine: Ultra-Low Voltage Energy Efficient Bitcoin Mining Application-Specific Integrated Circuit (ASIC)".

Nvidia (NVDA.US) and AMD (AMD.US) have provided high performance chips in the past that can be used to mine bitcoin or use the performance of their below me devices, and they have a lot of bitcoin mining chips. Growing demand. events of the past year.

The "hard to find" status of Nvidia GPU chips is mainly due to increased purchases from miners. Lisa Su, CEO of AMD, another major chip mining giant, recently downplayed Nvidia's involvement in this space.

Separately, Citi on Tuesday raised its price target and earnings estimates, focusing on the performance of Intel's PCs and operating systems. Banking analyst Christopher Danely raised his price target for Intel from $52 to $58, and recently boosted demand and performance in the PC market, which could weigh heavily on Intel's fourth-quarter growth 2021 and in the first quarter of 2022. Performance has been improved.

Intel stock fell 1.69% yesterday to $54,760.