Friday, August 9th 2024
Intel Postpones Innovation 2024 Event to 2025, No Word on Arrow Lake Launch
Intel announced that it has postponed the 2024 edition of its Innovation event to 2025. Among other things, the first-party event showcases innovations from the company's various business units made in the preceding year, includes a few key product launches, and teasers for what's next. The Innovation 2024 was poised to be particularly important for the company, as it was expected to launch its next generation Core Ultra "Arrow Lake" processors not just for mobiles, but even the desktop platform. Other key product showcase items include Xeon 6 server processors, and Gaudi 3 AI accelerator, besides updates from the company's foundry business, particularly the Intel 20A and Intel 18A nodes.
Intel's postponement of Innovation 2024 can be seen as a move to demonstrate sincerity that the company working to meet its goal of cutting cost of revenue by $10 billion through FY 2024, something that will bear results by mid-2025. It would have probably felt inappropriate for the company to host a lavish product showcase event in light of this. That said, there's no word on how this affects launch of products such as Core Ultra "Arrow Lake," it's possible that the company may launch them in a low-key dedicated media presentation.
Sources:
PCMag, VideoCardz
Intel's postponement of Innovation 2024 can be seen as a move to demonstrate sincerity that the company working to meet its goal of cutting cost of revenue by $10 billion through FY 2024, something that will bear results by mid-2025. It would have probably felt inappropriate for the company to host a lavish product showcase event in light of this. That said, there's no word on how this affects launch of products such as Core Ultra "Arrow Lake," it's possible that the company may launch them in a low-key dedicated media presentation.
36 Comments on Intel Postpones Innovation 2024 Event to 2025, No Word on Arrow Lake Launch
P.S. I don't know much about foreign -for me- stocks, but maybe a window of buying opportunity is near (or not yet ?)...:cool:
Hopefully the things Intel said about Arrow Lake (in terms of power efficiency and stability) will be achieved.
If yes, it's nice to see that they finally took another approach to increase performance. Squeezing out voltages and frequencies is not a way to go.As for Intel stocks, maybe the best opportunity was around Wednesday this week. It was something below $19. Since then it keeps raising.
I think that Intel stocks are safe for now, unless the recently released microcode update 129 for Raptorgate will not stop the degradation.
- Profitability is coming next year
- New node coming next year
- Our profit margins are coming back next year
- New architecture coming next year
- AMD will be "in the rearview mirror" next year
When AMD's competition is literally nonexistent, all they have to do is show up. Intel seriously need to get their act together or finally get rid of Pat the hype man.“Innovation. Postponed.”
I upgraded my CPU from i7-3770K to i7-13700K, exactly after 10 years.
By how the things are moving on the CPU front, is very most likely I will upgrade my CPU in the next 10 or more years...
You can’t put in the same list a buggy 200-300W cpu design and zen 5
regarding GPUs, Rdna 3 and ada super are solid hardware-wise, it’s everything around them that sucks, blackwell won’t fix a marketing team that still believes 8GB is ok on a 2024 dedicated gaming gpu
And with Intel cancelling this event, it would be no surprise if Battlemage slipped a launch window predicted earlier.
Intel is very skilled at missing milestones and has a long history of product delays. This prowess was one of several factors that encouraged Apple to develop their own custom silicon for Macs.
Note that Apple did not decide to do this overnight. They likely started working on this 10+ years before the actual Apple Silicon announcement so somewhere around 2012-13. There was speculation at the time of the A7 SoC announcement (2013, first 64-bit SoC widely deployed in a handheld device) that Apple had a path to a desktop processor.
Apple was intimately familiar with Intel's product delays and missed shipping dates.
Arrow Lake slipping is literally "business as usual" for Intel.
Hopefully Intel Arrow Lake still ships this year, looking forward to comparisons etc if it does.
All consumer technology innovation in 2024 is driven by mobile. If AI helps out Joe Consumer on their smartphone, it will be accepted and commonplace. PCs may trail smartphones a few years in deployment and adoption but if Joe Consumer embraces it on smartphone, it's a done deal.
By the end of 2025, it should be crystal clear whether or not AI is here to stay for consumer technology. We already know that it is being heavily used by enterprise/government customers.
And it's silly to judge AI by today's rudimentary consumer offerings. The technology is advancing at an incredible rate, far faster than any other computing technology development (flat screen displays, multi-core processors, graphics, wireless networking).