Intel plans to leverage Falcon Shores

Intel’s AI dreams slip further out of reach as it cancels its big data-center GPU hope, Falcon Shores
We're not yet participating in the cloud-based AI data center market in a meaningful way,” Holthaus admitted. “We have learne
Intel posts third consecutive quarterly loss, cancels planned release of Falcon Shores AI chip
In the first earnings report since former CEO Pat Gelsinger left the company, Intel’s fourth-quarter revenue was down seven percent year-on-year (YoY) to $14.3 billion, whilst full-year revenue declined by two percent YoY to $53.1bn.
Intel plans to leverage Falcon Shores as internal test chip only
Says aiming to simplify roadmap and concentrate resources. Says move to leverage Falcon Shores as internal test chip only without bringing it
Intel Curbs Falcon Shores From Market, Quarterly Revenue Falls by 7%
Revenue came in at $14.26 billion, beating the projected $13.81 billion. However, revenue declined 7% year-over-year, marking the third consecutive quarter of decline. Net loss for the quarter stood at $126 million, or 3 cents per share, compared to a net income of $2.67 billion, or 63 cents per share, a year earlier.
Intel Cancels Falcon Shores AI Chip To Focus On ‘Rack-Scale Solution’
Intel said it no longer plans to sell its next-generation Falcon Shores AI accelerator chip that was due later this year so that it can focus on developing a “system-level solution at rack scale” with a successor chip it’s calling Jaguar Shores.
Why Intel won't bring Falcon Shores AI chip to market
Holthaus also revealed that Intel plans to use Falcon Shores as an internal test chip, not launching it in the market. This move is part of the company's strategy to streamline its roadmap and optimize resources. "AI data center...is an attractive market for us," Holthaus said during the call. "But I am not happy with where we are today."
Intel cancels Falcon Shores GPU for AI workloads — Jaguar Shores to be successor
Intel's next-generation AI and HPC GPU will only be used internally, Jaguar shores will be the real successor for Gaudi 3 in the AI space.
Intel won’t bring its Falcon Shores AI chip to market
Intel is effectively killing Falcon Shores, its next-generation GPU for high-performance computing and AI workloads.
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Intel sinks $19B into the red, kills Falcon Shores GPUs, delays Clearwater Forest Xeons
Imagine burning through $72B in one year. Did it make Sam Altman the CEO already? Intel capped off a tumultuous year with a ...
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Intel Product Roadmap Update: Falcon Shores Canceled, Panther Lake and Nova Lake Remain on Track
Intel has confirmed it will not bring the Falcon Shores project to market as originally planned for 2025.Instead, it will retain the design exclusively for in-house experimentation, marking a pivot ...
Intel is ‘canceling’ its next big AI chip: What interim co-CEO has to say
Intel has abandoned its plans for the Falcon Shores AI chip, shifting focus to Jaguar Shores for system-level solutions in ...
Intel price target lowered to $21 from $25 at Stifel
Stifel lowered the firm’s price target on Intel (INTC) to $21 from $25 and keeps a Hold rating on the shares. Q4 results were above management ...
Intel cancels AI chip, talks painful past and simplified future
Intel lost a mere $126 million quarterly, on $14.3 billion in revenue.