Reported 25 days ago
Despite optimistic revenue forecasts, Intel's sales of AI accelerator chips have not met expectations, leading the company to retract its predictions for 2024. Following disappointing performance from the Gaudi chips, CEO Pat Gelsinger cited software issues and a generational transition as contributing factors. As Intel grapples with missed opportunities in the AI market, analyst skepticism grows regarding the company's strategic direction and operational control.
Source: YAHOO