Intel plans to leverage Falcon Shores
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.
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 ...
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 ...
Intel's Q4 earnings results were mixed, with INTC beating EPS consensus by $0.01 and surpassing revenue expectations by $460 ...
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Former CEO Pat Gelsinger was ousted last month, well before the completion of his four-year plan to turn around the company ...
Holthaus also revealed that Intel plans to use Falcon Shores as an internal test chip, not launching it in the market. This ...
The disruptive elements of the U.S. Stargate program and the release of the Chinese artificial-intelligence company DeepSeek has put more critical eyes than ever on major AI players like Microsoft ...
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