Intel cancels the artificial intelligence chip, and the painful past and the simple future occurs

The last quarter, Amid disturbances and RestructuringChipmaker Intel announced One of the largest quarterly losses of companies in all ages – 16.6 billion dollars, ten times worse than losing $ 1.6 billion in a quarter before. But on the day Q4 2024 and issuing profits the entire yearIntel does not suffer badly: The company has just announced a quarter -value of only $ 126 million at $ 14.3 billion of revenues, and executive officials talk about simplifying the company so that it can win the future.

The company is not in good condition despite the strong bleeding, as all its main business had decreased in this quarter and barely up to the full year (see the table below). And if you think that your manufacturing insults were spent a lot Once again when they lost $ 7 billion in 2023Well, INTEL just revealed that the Mascak lost nearly twice that – 13.4 billion dollars – through 2024.

Some people may argue that masculine funds are just a price that pays Intel to invest in its future, catch the competitors, and to stay the only main chips maker that designs and manufacturing its chips from scratch. And “some people”, I mean The goal of the CEO of Intel Pat Geelsiner was overthrown. But he is now left, there were more whispers About Intel Spinning from her work in the chips industrySomething Gilgringer is somewhat seed.

Today on the profit call, Intel Co-Co-Co-CO-CO-CO-JOHNSTON HOLTHAUS has not committed to keeping or rotating the captain, but it hinted that “Intel Foundry will need to win my work every day, just as I need to win business Commercial clients. David Zensner, co-between Co-Co-CO-CO-COOFTIVE, says that competitiveness is still the goal.

Intel says that her lubricant works are working better in any case, with a decrease in losses of $ 2.3 billion in the last quarter, and expected “financial improvements” next year as the production of UV -UV print chips (EUV), a loss, and a plan to hit “OP Inc”. Break -Even “by the end of 2027. Intel was also the largest recipient of the chips lawAlthough this has reached a sum of billions of billions of government funds for its racing: 7.68 billion dollars, which it got 2.2 billion dollars so far.

Intel says that the 18A process is of great importance, which uses EUV, will produce chips in size in the second half of next year. (This is when Lake Al NimrThe successor of the Lunar Lake laptop chips will arrive, but the Nova Lake, seems to be a mixture of Intel and non -manufacturing unanimous. “You will actually see the mathematical tiles inside and outside, it comes to improvement to what allows us to win the market,” says Holthaus on the call.

Intel is also painful in the great race of artificial intelligence chips, With Gaudi’s goals behind the goals of gelsinerHolthaus admits that the company is not working well at the artificial intelligence data center. “I am not happy with our existence today,” she said in The Call.

To help accelerate things, she says that INTEL is canceling the following large AI chip, and Codename Falcon Shores, and keeps it as “an internal test only without bringing it to the market.” She says the plan is “simplifying our road map and focusing our resources.” The company will focus on Jaguar Shores, “System Solution on the Riffa Gale”, instead, with the aim of building this entire solution instead of just chips.

It also suggested that Intel aims to be less expensive than the Nvidia AI competition, with “the total cost of the most urgent ownership”, ” Similar to what we heard from AMD.

In general, Holthaus says she is considering Intel Products in “Three Bucckets”: Client and Edge, traditional data center, artificial intelligence data center, and plans to simplify Intel’s business as a result. “We cannot be everything for all people,” she says. “We give priority to the areas where we can lead a different value.” In its basic work, though, Holthaus says that the company “will fight for every connection socket” where the Intel chip can go.

“We need to be aggressive, we need to win with participation, and we need to show our customers that they can win with us.”

Over the full year, Intel lost $ 18.76 billion at $ 53.1 billion of revenue. Intel says he has nothing new to participate in searching for the permanent CEO, except that the research is applying. At the same time, the company appears to be launched Just as many employees promisedBy the end of 2024, she had 15,000 employees less than he did in the previous quarter, as the company confirmed today.

This was the first new Co-CoS profit call, one of which is Promise in CES 2025 that the company is still committed to graphicsAlthough we have not heard much about the drawings on today’s call.