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.
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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Intel says its new Falcon Shores AI accelerator won't see the light of day, shifts its focus into next-gen Jaguar Shores ...
A report last month said its 18A process, which was supposed to be a "turning point" for Intel Foundry, is only achieving 10% ...
If Intel hopes to survive the next few years as a freestanding company and return to its role as innovator, it can not afford ...
The company reported earnings before certain costs such as stock compensation of 13 cents per share, squeezing past Wall ...
Former CEO Pat Gelsinger was ousted last month, well before the completion of his four-year plan to turn around the company ...
AI is rapidly evolving, with lower costs making it more accessible and shifting attention from infrastructure to real-world ...
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