We will not achieve our target of $500 million in revenue for Gaudi in 2024,” CEO Pat Gelsinger just said on the company’s Q3 ...

Intel says it will now be unable to meet its goal of $500 million in Gaudi 3 sales due to software issues. Meanwhile, AMD ...

Intel Corp. (NASDAQ:INTC) has a Gaudi problem on its hands – the chipmaker revealed that its AI accelerator won't even make ...

The Reuters story titled “Inside Intel, CEO Pat Gelsinger fumbled the revival of an American icon” comes soon after the news ...

Intel's Q3 earnings showed a slight revenue beat but a big earnings miss due to restructuring charges, leading to a mixed ...

For sure, it wasn't all great news in the third quarter. For instance, Intel's Gaudi 3 accelerator chips saw lower-than-expected uptake, as its new software required more customer effort to learn than ...

Intel recently withdrew its forecast to sell over $500 million worth of AI-focused Gaudi chips in 2024, a target CEO Pat ...

Intel Corporation, once a dominant force in the semiconductor industry, faces further setbacks in its quest to capitalise on the booming AI market.

Gelsinger pushed for Congress to subsidize American chip manufacturing. In January 2022, he stood with Biden to announce ...

Intel has likely seen the worst already, with a $16.6B quarterly loss in Q3. Read why I maintain my strong buy rating on INTC ...

Intel scrapped $500 million Gaudi chip sales forecast for 2024 CEO attributes slower uptake to software, chip transition Analysts question Intel's AI strategy, competitive position Nov 1 (Reuters ...

It is beginning to look like chip maker Intel hit the bottom in its products and foundry businesses in the second quarter of ...