In June of last year, Intel announced a $16.7B acquisition of chip designer Altera, a silicon valley bellwether known for producing FPGAs (Field Programmable Gate Arrays), PLDs (Programmable Logic Devices), Embedded Processors, and ASICs (Application Specific Integrated Circuits). At the time of the announcement, Intel CEO Bryan Krzanich said,

Source: Hot Hardware – Intel’s Investment In FPGAs Could Pay Dividends In Microsoft Data Centers And Mark The Advent Of AI Accelerators