The Intel Execution in [2024]

[Shifty Geezer]

$30 billion in revenue?! I don't think even Sony gets $30 billion revenue from hardware, let alone the chip manufacturer.

 

[tunafish]

They might not cease to exist, but I think their days as one of the leaders in technology are numbered.

I think even this is premature.

Major companies have taken bad stumbles before. AMD did so not that long ago. Intel is unlikely to go out of business for simple strategic reasons (as alluded to above), and so long as they remain in business they always just have to execute well at the same time as they get a bit lucky, and suddenly they are on top again.

They are unlikely to recover in the next few years, but never say never.

 

[DavidGraham]

Intel updates.

https://twitter.com/x/status/1835772073060553147

 

[Zaphod]

$30 billion in revenue?! I don't think even Sony gets $30 billion revenue from hardware, let alone the chip manufacturer.

They just multiplied 150 mill PS1 sales by a chip cost estimate of $200 and stated that as the potential revenue. Nonsense, obviously.

 

[DegustatoR]

Pat Gelsinger Writes to Employees on Foundry Momentum, Progress on Plan

All eyes have been on Intel since we announced Q2 earnings. There has been no shortage of rumors and speculation about the company, including last week's Board of Directors meeting, so I'm writing today to provide some updates and outline what comes next. Let me start by saying we had a highly...

www.techpowerup.com

Intel Awarded up to $3B by the Biden-Harris Administration for Secure...

Secure Enclave award builds on Intel’s programmatic engagement across strategic U.S. government defense programs, including SHIP and RAMP-C.

www.intel.com

Intel, AWS Expand Strategic Collaboration, Helping Advance U.S.-Based...

Intel to Produce Custom AI Fabric Chip on Intel 18A and Custom Xeon 6 Chip on Intel 3 for AWS; Multi-Year, Multi-Billion-Dollar Collaboration Accelerates Development of Chip Manufacturing in Ohio.

www.intel.com

Pat Gelsinger on Foundry Momentum, Progress on Plan

A message from Intel CEO Pat Gelsinger to employees regarding the next phase of Intel's transformation.

www.intel.com

 

[homerdog]

I've also made some poor business decisions in my life. Can I get $3 billion?

 

[pharma]

September 17, 2024
Intel’s Falcon Shores Future Looks Bleak as It Concedes AI Training to GPU Rivals

https://www.hpcwire.com/2024/09/17/intels-falcon-shores-future-looks-bleak-as-it-concedes-ai-training-to-gpu-rivals/

Intel’s Falcon Shores future looks bleak as it concedes AI training to GPU rivals On Monday, Intel sent a letter to employees detailing its comeback plan after an abysmal second-quarter earnings report with critics calling for CEO Pat Gelsinger to resign.

The letter detailed the company’s plan to center its products around the x86 architecture. That could be bad news for GPU codenamed Falcon Shores, as Gelsinger previously said he will not compete with Nvidia and AMD in the AI training space.

 

[RobertR1]

September 17, 2024
Intel’s Falcon Shores Future Looks Bleak as It Concedes AI Training to GPU Rivals

https://www.hpcwire.com/2024/09/17/intels-falcon-shores-future-looks-bleak-as-it-concedes-ai-training-to-gpu-rivals/

Good summary article. I think acknowledging their current state in AI training and exiting that space is a good call overall. To me their biggest issue is lack of competitive DC cpu’s

 

[Seanspeed]

I've also made some poor business decisions in my life. Can I get $3 billion?

Become a crucial part of the US and western chip supply strategy in case of war with China, and yes, you probably could.

 

[trinibwoy]

September 17, 2024
Intel’s Falcon Shores Future Looks Bleak as It Concedes AI Training to GPU Rivals

https://www.hpcwire.com/2024/09/17/intels-falcon-shores-future-looks-bleak-as-it-concedes-ai-training-to-gpu-rivals/

I wonder why it’s so hard for Intel to build a big GPU. They had a mountain to climb on the software front already but it’s really surprising that they can’t even get the hardware right.