It’s no secret that Intel has been struggling on the AI front—its laggard status helped to fell CEO Pat Gelsinger two months ago—but the company made the extent of the problem crystal-clear on Thursday.
Intel was set to release a new AI chip called Falcon Shores late this year, to replace its Gaudi 3 accelerator chip. But interim co-CEO Michelle Johnston Holthaus said on an earnings call that this would no longer be happening, meaning customers will now need to wait for a later version called Jaguar Shores.
