CEO Pat Gelsinger noted the expanding pipeline of opportunities, exceeding $1 billion through 2024. Additionally, Intel's Falcon Shores, a next-generation AI platform, aims to challenge Nvidia and AMD's formidable systems, though its launch will now be delayed until 2025. AMD, with its MI300 platform featuring combined CPU and GPU offerings, holds a promising position. Despite lacking significant customer announcements upon its June launch, both AMD and Intel are poised to directly challenge Nvidia. Research director Glenn O'Donnell remarks, "[AMD and Intel are] not going to overcome Nvidia, certainly not anytime in the next few years," but acknowledges their capacity to make inroads into Nvidia's market share. Nvidia's primacy faces multifaceted threats, including the rise of custom AI chips developed by major tech players like Microsoft, Google, Amazon, and Meta.