Intel, Falcon Shores and AI
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 is effectively killing Falcon Shores, its next-generation GPU for high-performance computing and AI workloads.
Intel lost a mere $126 million quarterly, on $14.3 billion in revenue.
Intel, once a leader in the semiconductor industry, is facing challenges in the rapidly growing field of artificial intelligence (AI). The company had high hopes for its Gaudi accelerator chips, ...
Intel is shelving its planned Falcon Shores AI infrastructure system for datacenters and will instead use it as an internal ...
Retired Intel CEO Pat Gelsinger said "the markets are getting it wrong" Monday after investors triggered a sell-off in ...
Intel says its new Falcon Shores AI accelerator won't see the light of day, shifts its focus into next-gen Jaguar Shores ...
The AI chip war with Nvidia ( NASDAQ:NVDA) and AMD ( NASDAQ:AMD) is heating up, and Intel is still playing catch-up.
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A report last month said its 18A process, which was supposed to be a "turning point" for Intel Foundry, is only achieving 10% ...
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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