Intel CEO says it’s “too late” for them to catch up with AI competition — claims Intel has fallen out of the “top 10 semiconductor companies” as the firm lays off thousands across the world
Intel CEO says it’s “too late” for them to catch up with AI competition — claims Intel has fallen out of the “top 10 semiconductor companies” as the firm lays off thousands across the world
37 Comments
somone tell wall street bets to PUT intel
Bunch of bums.
I bet that guy that invested grandma’s money on intel is having a rough few days right now lol
they can still merge with AMD. right. right ?
Worst CEO ever…
How the mighty and the haughty have fallen.
https://preview.redd.it/5boxtzkhb2cf1.jpeg?width=547&format=pjpg&auto=webp&s=397568324647283c911b32251f41f2f8c53b956a
They hired bro and he immediately gave up.
Haha, they started failing when AMD was innovating with the much aligned Bulldozer.
Those that know, know their dirty tactics could only last so long.
AMD played the long game.
Performance, efficiency, reliability and process nodes are the things where Intel is behind. But, instead of saying this, let’s just use the AI buzzword since it’s what everyone is saying these days.
Years and years of zero innovation and seeing the competition as a rounding error in the CPU market space has led to this. Intel had all the resources and competences to seriously enter the dedicated GPU space 10 years ago. Instead, they decided to sit on their comfortable CPU monopoly and enter the GPU space only when they realized that there were going to be more requests because of AI… But now they’re years behind AMD and NVIDIA.
And to think this will be Nvidia one day
I don’t think they were even on the start line. Participating in the AI race requires having a competitive dGPU architecture, and Intel scuttled their own efforts many times over the years.
Arc is ok, but it’s still a couple of generations late and Intel is just now learning how to build a big GPU. Alchemist obviously had a lot of teething issues, some of which are solved by Battlemage, but even B580 still isn’t mature as evidenced by the CPU overhead issues.
Where Arc will be with Celestial is probably where they needed to be two years ago in order to be invited to the AI accelerator playground.
Shouldn’t this be considered an actual national security issue?
Intel is the only major semiconductor company with fabs in the US.
We are putting all of the eggs on TSMC’s basket.
I remember fanboy theories when Ryzen first launched, saying that Intel had secret CPU designs stashed away in a drawer that would blow AMD away. However, missing out on both a competitive CPU and a chance to participate in the AI race would probably have to be intentional.
Quite strange. Intel it was as one of the first/ahead developing neuromorphic computing,… the value of things isnt what is coming next, but what people use more
Intel is quickly becoming another Nokia. Insanely popular and ubiquitous but faded away quickly when faced with stern competition and innovation. The name will be remembered, but Intel will not be the leader anymore.
I am rocking an Intel chip out of pure habit and familiarity but my next chip will be from AMD.
Tell that to AMD who was near bankruptcy and turned it around to the point where you (INTC) are in the dfirt. This CEO is weak imo
rip Intel but you were warned on a daily Basis for 15 + years
Good strategy, roll over and die.
I guess they chose that excuse over “we over corrected when we determined AI could do everything we needed”.
y i k e s
Don’t worry. Once China gets Taiwan, and they will, we will all be buying chinese techs.
Did they try AI employees? Vibe coding?
Intel CEO is a moron. They have an AI chip that can give Nvidia run for their money, they have a cheap office and media grade GPU. But here comes Accenture and says they have to rethink they portfolio and future path of development.
I think if they fire more chip designers they’ll definitely come back stronger (/s)
In my simulator, I bought Intel stocks in 2020. Currently it’s down ~50% at least since then.
Intel, meet Blackberry
Sounds like new management will take over.
Could always play dirty and start going ham on copyright protection and IP ownership rights. If you can’t compete in it, kill it.
Wait they have two workstation cards they want to release sometime this year don’t they? Why don’t they throw money at their software departement to get the required libraries to run AI tasks (LLM/ImgGen etc) on servers (be it windows or linux)? 16 and 24gb surely should be enough to cater to small to medium businesses that want their own local AI.
Is intel the new nokia?
They should buyback some stocks. Or push 4 core processors for additional 10 years.
The GPU Market is fucked.
Intel is currently going through huge company wide layoffs affecting engineers accross product and fabs, Lip Bu Tan admitted that Nvidia is too far ahead in LLM to remain competitive.
Xe4 Jaguar Shores is likely going to get cut at some point
There is demand for Intel gaming GPU’s and there is hype for the Arc Pro B50 and B60 Duel in the Local LLM market, but it probably won’t be enough to save the Arc DGPU Division
Intel Arc’s survival is in doubt. Don’t be surprised if the new CEO guts the entire DGPU division completely and only keeps the igpu team.
They can’t make money by selling CPU’s so they are manipulating the market instead to keep the big investors happy.
It’s the consequence of a decade+ of doing marketing instead of research
Intel going down like Polaroid
I wonder when the AI bubble will truly burst
Broo….once China invades Taiwan, you’re the only one left