Oct 13 (Reuters) – Imagination Technologies on Tuesday released new chip technology that it hopes will help it expand into the market for data center chips.
The London-based company has long supplied designs and intellectual property that go into making graphics chips for mobile phones, helping them render more complex images while consuming less power. The company’s newest BXT series of graphics chip design is meant to compete with rivals such as Nvidia Corp and Advanced Micro Devices, whose chips are often used inside data centers.
Sales of graphics chips have risen in recent years because they have been adapted to take on artificial intelligence tasks such as image recognition. The growth of those tasks has in turn helped Nvidia, already the largest supplier of graphics and AI chips, overtake Intel Corp as the largest U.S. chip company by market capitalization.
Imagination’s entry into the data center market, where its