
Intel Scraps AI Chip Sales Forecast, Shares Drop Despite Strong Revenue
Intel revises its AI Gaudi chip sales forecast for 2024 amid challenges, leading to a significant drop in its stock despite strong revenue reports.
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Intel revises its AI Gaudi chip sales forecast for 2024 amid challenges, leading to a significant drop in its stock despite strong revenue reports.
Sony has chosen AMD over Intel for the PlayStation 6 console, impacting Intel’s contract manufacturing business and highlighting shifts in the tech industry.
Intel cuts 15% of its workforce and suspends dividends as it pivots to AI chip manufacturing, impacting the global tech landscape.
Intel is cutting 15% of its workforce and suspending dividends as it focuses on a turnaround plan centered on advanced AI processors and manufacturing capabilities.
Intel is launching two AI chips with reduced capabilities for the Chinese market to comply with U.S. sanctions, following similar moves by Nvidia.
Intel reports a $7 billion operating loss for its chip-making unit in 2023 as it battles to regain its technological edge against competitors like TSMC, planning significant investments to turn around by 2027.