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 says its new Falcon Shores AI accelerator won't see the light of day, shifts its focus into next-gen Jaguar Shores 'rack-scale' solutions.
Intel is shelving its planned Falcon Shores AI infrastructure system for datacenters and will instead use it as an internal test chip.
Retired Intel CEO Pat Gelsinger said "the markets are getting it wrong" Monday after investors triggered a sell-off in response to China's DeepSeek.
The AI chip war with Nvidia ( NASDAQ:NVDA) and AMD ( NASDAQ:AMD) is heating up, and Intel is still playing catch-up. Investors are still waiting on a new CEO, with interim co-CEOs David Zinsner and Michelle Johnston Holthaus holding down the fort.
If Intel hopes to survive the next few years as a freestanding company and return to its role as innovator, it can not afford to waste its time and it
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 of the woods.
A report last month said its 18A process, which was supposed to be a "turning point" for Intel Foundry, is only achieving 10% yield rates, which industry site wccftech says makes "it impossible for the semiconductor to reach mass-production stages."
We recently published a list of Top 11 AI News and Ratings You Probably Missed. In this article, we are going to take a look at where Intel Corporation (NASDAQ:INTC) stands against other top AI news and ratings you probably missed.
The industry expects the resource-light new model could usher in a wave of more efficient AI models, hurting demand for AI hardware.