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.
Nvidia’s shares took a beating on the DeepSeek news, but Intel’s struggles to break into the AI chip market continue to grow.
Intel lost a mere $126 million quarterly, on $14.3 billion in revenue.
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 ...
The AI chip war with Nvidia ( NASDAQ:NVDA) and AMD ( NASDAQ:AMD) is heating up, and Intel is still playing catch-up.
Intel Xe Super Sampling, the company's answer to NVIDIA DLSS, has passed a notable milestone - 150+ games now feature the ...
A report last month said its 18A process, which was supposed to be a "turning point" for Intel Foundry, is only achieving 10% ...
The company reported earnings before certain costs such as stock compensation of 13 cents per share, squeezing past Wall ...
Intel (NASDAQ: INTC) has largely failed to tap into soaring demand for artificial intelligence (AI) accelerators. The company ...
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