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Intel, Falcon Shores and AI
Intel’s AI dreams slip further out of reach as it cancels its big data-center GPU hope, Falcon Shores
We're not yet participating in the cloud-based AI data center market in a meaningful way,” Holthaus admitted. “We have learne
Intel posts third consecutive quarterly loss, cancels planned release of Falcon Shores AI chip
In the first earnings report since former CEO Pat Gelsinger left the company, Intel’s fourth-quarter revenue was down seven percent year-on-year (YoY) to $14.3 billion, whilst full-year revenue declined by two percent YoY to $53.1bn.
Why Intel won't bring Falcon Shores AI chip to market
Holthaus also revealed that Intel plans to use Falcon Shores as an internal test chip, not launching it in the market. This move is part of the company's strategy to streamline its roadmap and optimize resources. "AI data center...is an attractive market for us," Holthaus said during the call. "But I am not happy with where we are today."
Intel plans to leverage Falcon Shores as internal test chip only
Says aiming to simplify roadmap and concentrate resources. Says move to leverage Falcon Shores as internal test chip only without bringing it
Intel cancels Falcon Shores GPU for AI workloads — Jaguar Shores to be successor
Intel's next-generation AI and HPC GPU will only be used internally, Jaguar shores will be the real successor for Gaudi 3 in the AI space.
Intel 4th-quarter revenue tops expectations
Intel's quarterly revenue tops expectations as investors await new CEO
Intel on Thursday posted December-quarter results that beat analysts' low expectations, while its forecast for current-quarter revenue missed estimates as the chipmaker grapples with tepid demand for its data center chips and as investors wait for a new CEO.
Chipmaker Intel beats revenue expectations amidst Q4 loss
Intel reported a fourth-quarter loss on Tuesday, but better than expected revenue as the US chip giant continues to struggle to stake its place in the artificial intelligence revolution. The company's Client Computing Group,
Intel (NASDAQ:INTC) Beats Q4 Sales Targets But Quarterly Revenue Guidance Significantly Misses Expectations
Computer processor maker Intel (NASDAQ:INTC) reported Q4 CY2024 results , but sales fell by 7.4% year on year to $14.26 billion. On the other hand, next quarter’s revenue guidance of $12.2 billion was less impressive,
17h
on MSN
Intel won’t bring its Falcon Shores AI chip to market
Intel is effectively killing Falcon Shores, its next-generation GPU for high-performance computing and AI workloads.
16h
on MSN
Intel cancels AI chip, talks painful past and simplified future
Intel lost a mere $126 million quarterly, on $14.3 billion in revenue.
RCR Wireless News
1h
Intel working toward a ‘rack-scale’ solution for AI infrastructure demand
Intel is shelving its planned Falcon Shores AI infrastructure system for datacenters and will instead use it as an internal ...
3d
on MSN
Intel's former CEO says the market is getting DeepSeek wrong after AI-chip-stock rout
Retired Intel CEO Pat Gelsinger said "the markets are getting it wrong" Monday after investors triggered a sell-off in ...
4h
on MSN
Why Intel’s reliance on federal funding could hurt its future
Ed Snyder explains why Intel's reliance on US government is a problem. DeepSeek's low-cost AI model does not mean INTC is out ...
5h
Intel: Too Early To Bet On A Turnaround
Intel's Q4 earnings results were mixed, with INTC beating EPS consensus by $0.01 and surpassing revenue expectations by $460 ...
11h
Microsoft Reveals New Surface Laptop 7 and Surface Pro 11 With Intel Chips
On Jan. 30, Microsoft showed off the latest Surface for Business Copilot+ PCs, Surface Laptop 7 and Surface Pro 11. Both will ...
4h
Intel rises on revenue beat as CEO hunt dominates investor focus
Former CEO Pat Gelsinger was ousted last month, well before the completion of his four-year plan to turn around the company ...
2h
on MSN
Intel nixes its next-gen AI GPU but still has plans to take on Nvidia
Fair to say Intel's GPU plans don't always go to, er, plan. During Intel's latest earnings call for highly-remunerated bean ...
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