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Intel will be cutting 15,000 jobs, or 15% of its workforce, by the end of the year. The chip company has announced it aims to save $10 billion in 2025 as it reports no profits whatsoever from the previous three months.
With TSMC's transition into the US, Intel seems to have accelerated its efforts to maintain its Foundry positioning by implementing a "talent grabbing" plan.
Intel has pledged to break NVIDIA's dominance over AI markets by collaborating with big tech companies, consolidating its position against NVIDIA.
Bespoke, top-end PC components often have some things in common. Wallet-crushing prices, for one, but also things like massive overclocking headroom, a mountain of ports and connectivity, or a unique colour scheme. At Computex 2024, Gigabyte went one better, though, and rounded up the CEOs of AMD, Intel, and Nvidia and got them to add their signatures to some of its latest motherboards and graphics cards.
Intel's next-generation Desktop CPUs, codenamed Arrow Lake and launching under the Core Ultra 200 branding are expected to launch in October.
«If Arm emerges, I want to be the foundry.» So says Intel CEO Pat Gelsinger when asked at his post-keynote Q&A at the Computex show whether Arm chips are taking over and eating into Intel's market share of x86 chips for PCs.
Lunar Lake is a chiplet-based processor. The majority of these chiplets, which Intel calls tiles, are not manufactured by Intel Foundry—the company's manufacturing division. Rather, they're built be TSMC, the world's largest foundry. The reason for that decision, Intel CEO's says, is simply that TSMC was better.
NVIDIA is expected to dominate the AI market in 2024 as they are set to sell $40 billion worth of GPU, significantly outpacing AMD & Intel.