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.

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."

Thousands of jobs to go

Chipzilla plans to cut thousands of jobs to finance a recovery and cope with eroding market share.

Ahead of IFA 2024

Intel has now officially confirmed that its Core Ultra 200V "Lunar Lake" CPUs will be launched on September 3rd. Ahead of the IFA 2024 conference, Intel will hold a live-streamed event together with its partners.

Making Machiavelli proud

TSMC is frantically setting up fabs on US soil, only to find Intel poaching its senior engineers right from under its nose.

Damage already done 

While it would appear that Chipzilla has fixed the problems of its incredible crashing Core 13th and 14th-generation chips with a microcode update, word on the street is that will not be enough.

Not an improvement really

Early benchmarks for Intel’s coming Arrow Lake seem to show that it can only offer a four per cent improvement over Raptor Lake

17W chip for thin and light laptops

Geekbench database has revealed yet another Lunar Lake CPU SKU, an entry-level 17W chip aimed at thin and light laptops.

Scorpion Canyon with Intel Core CPUs and optional RTX 4060/4070 GPU

Simply NUC, a well-known custom computing company, has added the new Scorpion Canyon NUC 14 Performance to its lineup. This small NUC packs a workstation-class performance with Intel's latest Core Ultra Meteor Lake CPUs with Intel Arc integrated graphics and an optional Nvidia RTX 4060 or RTX 4070 graphics.

A toasty 105 degrees Celsius

Chipzilla's coming chips will run hotter than Eva Green running in the London Marathon after eating a Vindaloo.