Intel Corporation INTC recently partnered with Thai communications and digital solutions provider TrueBusiness to bring smart healthcare solutions to the Southeast Asian country, which involves transforming various aspects of the medical sector, including treatment, diagnosis, rehabilitation and patient data management.
INTC Enhances Medical Facilities with AI Capabilities
Through this partnership, TrueBusiness will integrate 5G capabilities with the company’s advanced AI technologies, including Intel’s cutting-edge OpenVino toolkit, which is designed to accelerate AI inference with low latency and high throughput while maintaining accuracy and reducing model footprint.
The partnership will help develop innovative solutions to modernize and optimize Thailand’s healthcare system. It aims to improve telemedicine and remote ICU services, AI diagnostic tools for eye diseases, contactless patient care equipment, and elderly care monitoring systems. In addition, an AI platform will be built to store medical images, patient history, and early symptom analysis, and digitize pathology images using tissue slide scanning technology.
INTC’s focus on patient care and safe monitoring
With the integration of real-time data processing over True5G networks, the solution will enable smooth automation of patient care, striving to reduce medical costs and ease the burden on medical workers. The integration of Intel’s Edge AI on Intel Core Ultra will further improve patient management as a service, enabling continuous and secure monitoring to expand coverage to medical providers.
The implementation of these cutting-edge solutions is expected to improve the efficiency and effectiveness of Thailand’s public healthcare system and cement Thailand’s position as a healthcare hub in Southeast Asia.
Will INTC Stock Benefit From Partnership?
Intel’s introduction of AI chips for data centers and PCs represents a major shift in the company’s architecture. This strategic decision is primarily aimed at laying a stronger foundation in the broader AI space, from cloud and enterprise servers to networks, volume clients, and ubiquitous edge environments, in line with evolving market trends.
Additionally, Intel unveiled Intel Core Ultra with Neural Processing Unit, which enables AI acceleration with 2.5x better power efficiency than the previous generation. Superior GPU and CPU capabilities also enable faster AI solutions. The newly announced vPro platform with Intel Core Ultra processors promises improved power efficiency. With dedicated AI acceleration capabilities spread across the central processing unit, graphics processing unit, and new neural processing unit, the company is expected to unleash a new wave of limitless AI experiences across all apps.
The collaboration between Intel and TrueBusiness demonstrates the company’s dedication to driving innovation through scalable, secure and sustainable AI solutions and is expected to help the company expand its footprint in the Southeast Asian region and improve revenue in the coming quarters.
The story continues
INTC stock price trend
Over the past year, Intel shares have fallen 51% compared with the industry’s growth of 91.8%.
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INTC Zacks Rank and Top Picks
Intel currently has a Zacks Rank #4 (Sell).
Some of the top-ranked stocks across industries are discussed below.
Ubiquiti Inc. UI currently carries a Zacks Rank #2 (Buy). The company offers comprehensive networking products and solutions for service providers and enterprises. The company’s highly flexible global business model makes it well-positioned to adapt to changing market trends and maximize growth while overcoming challenges. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
In its most recently reported quarterly report, Ubiquiti delivered an earnings surprise of 4.19%.
Workday Inc. WDAY is currently holding a Zacks Rank #2. In the most recent quarter, it delivered an earnings surprise of 7.36%. WDAY is a leading provider of enterprise-level software solutions for the financial management and human resources fields.
Airgain, Inc. AIRG is currently ranked Zacks Rank #2 and has an expected long-term earnings growth rate of 35%.
San Diego, Calif.-based Airgain provides antenna products as integrated wireless solutions. These devices are designed to address the critical connectivity requirements during product development and throughout the lifecycle for various departments within the enterprise, as well as other industries such as automotive and consumer.
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