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Intel reveals Lunar Lake Core Ultra 200V-series processor benchmarks
Claims historic power efficiency
Troubled chipmaker Intel has unveiled performance benchmarks for its Lunar Lake Core Ultra 200V-series processors at IFA 2024 in Berlin, highlighting 'historic x86 power efficiency' and the world's fastest mobile CPU cores.
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IBM gets Gaudi 3 Enterprise AI to the Cloud
IBM is the Secret Sauce for Gaudi 3
In a surprise development, Intel announced that IBM plans to deploy Intel Gaudi 3 accelerators as a service in the IBM cloud to help enterprises scale AI. IBM is a huge business-oriented company; such a partnership goes a long way.
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Intel confirms Xeon 6 launch for September
Granite Rapids
Intel has now confirmed it will reveal more information about its upcoming Xeon 6 processors, specifically Granite Rapids, during a launch event in September.
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Intel launches new Xeon W-3500 and W-2500 Series workstation processors
Sapphire Rapids
Intel has officially launched its new Xeon W-3500 and Xeon W-2500 series workstation processors based on Sapphire Rapids architecture, bringing more CPU cores, higher L3 cache, and higher frequency across the board.
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Kicking Pat faces internal revolt
Chipzilla loses its Tan
A sudden resignation of a high-profile Intel board member has raised eyebrows after rumours of clashes with CEO Pat Gelsinger and other directors over what the director saw as the company's bloated workforce, risk-averse culture, and lacklustre artificial intelligence strategy.
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Intel Arc makes It to the Automotive market
A760A dGPU for AI-Driven Cockpit Experience
The automotive market has always been attractive to GPU industry players, and companies like Nvidia started addressing this market a long while ago. Intel is now ready to launch its discrete GPU tailored for the automotive industry. It will be known as Intel Arc Graphics for Automotive and plays a crucial part in Software-defined vehicle strategy.
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Intel losing ground in Korea
Dominance over DIY market slipping
Chipzilla is starting to lose its iron grip over the DIY market, and the signs are already there in Korea.
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SoftBank shifts focus to TSMC after Intel fails to deliver on AI
I think we should be seeing other people
After working with Chipzilla to build AI processors for its Project Izanagi initiative, SoftBank is believed want to see other processor makers.
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Intel does the right stuff as customers leave
Things will get worse before getting better
Chipzilla's woes have been there for everyone to see. Disappointing revenue and a bleak earnings forecast have forced Intel to announce a drastic plan: slashing 15,000 jobs, cutting $10 billion in costs by 2025, and suspending the quarterly dividend. CEO Pat [kicking] Gelsinger highlighted the stark reality in a company memo: sales were $24 billion higher in 2020 than last year, yet headcount is 10 per cent higher now.
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Intel announces its second quarter 2024 financial results
Takes a big hit, announces cost-reduction plan, shares take a tumble
Intel has announced its second-quarter 2024 financial results, reporting a revenue of $12.8 billion, 38.7 percent gross margin, and EPS of $0.02. In the words of Pat Gelsinger, Intel CEO, these are disappointing quarter results, despite the fact that the company has "hit key product and process technology milestones."