Intel, one of the world’s largest processor manufacturers, took a surprising step by postponing its Innovation 2024 event to 2025. postponed.
No detailed information has yet been provided as to why the “Innovation” event, which would normally be held in 2024, was postponed to 2025. The company was also expected to release the Core Ultra “Arrow Lake” processors and make other announcements as part of this event. According to estimates, the reason for this postponement decision is the company’s recently announced major savings target. If you haven’t seen it, the company announced a major layoff last week. The 15,000 layoffs, which were said to be made globally, were shown as a result of revenues lost to AMD and Nvidia in certain categories. The processor giant, which currently has 110,000 employees globally, will be It aims to achieve savings of $10 billion by 2025. Intel came to the fore yesterday with multiple developments. Yesterday in China “AI Cockpit Innovation Experience” giving a presentation within the scope of Intel, announced its first dGPU unit focused on automobiles.
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“Intel Arc Graphics for Automotive” The first graphics unit, known as the GPU, will power cars’ central entertainment systems and Will be commercially available to select automakers in 2025. This dGPU will most likely be first used by a Chinese automaker. The dGPU, which will be strong in terms of graphics as well as artificial intelligence, will power next-generation car systems.
Yesterday also Intel CEO Patrick Gelsinger and CFO David Zinsner found themselves in a legal situation they never expected. According to reports, shareholders have filed a major lawsuit against two executives, accusing the chipmaker of reporting weak results, massive layoffs, suspension of dividends and a drop in market value of more than $32 billion in a single day. problems that cause It is reported that it was concealed fraudulently. The company has not yet made a statement on the matter, but shareholders are demanding compensation for the damage they have suffered through a lawsuit they have filed.