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MSI Announces Extended Warranty for Intel 13th and 14th Gen Desktop Processors

In response to Intel's recent statement regarding reports of instability in certain 13th and 14th generation desktop processors, MSI has taken swift action and collaborated closely with Intel to mitigate the impact on our customers. Upholding our commitment to high-quality product design, MSI has promptly released a BIOS update to address these concerns and alleviate consumer worries. In addition, we are extending the warranty for affected desktop processors by two years, ensuring that our customers can continue to use MSI products with confidence.

Customer satisfaction has always been MSI's top priority. We remain dedicated to enhancing service quality and product design to provide our customers with the best possible experience. If you have any questions, please contact your local customer service center. Stay tuned for further updates.

Intel Faces Shareholder Lawsuit Amid Financial Turmoil and Layoffs, Company Misled Investors

According to a recent report from Reuters, tech giant Intel is facing a significant legal challenge as shareholders file a lawsuit following a dramatic plunge in the company's stock price. The legal action comes from Intel's recent announcement of dividend suspensions and plans to lay off over 15,000 employees. The semiconductor behemoth saw its market value plummet by a staggering $32 billion in a single day, leaving investors reeling. The Construction Laborers Pension Trust of Greater St. Louis has initiated a proposed class action suit, naming Intel, CEO Pat Gelsinger, and CFO David Zinsner as defendants. The plaintiffs allege that the company made misleading statements about its business operations and manufacturing capabilities, artificially inflating its stock price between January 25 and August 1.

Intel's financial woes stem from underperforming contract foundry operations and 1% drop in revenue during the second quarter of 2024. While it may seem miniscule, declining revenue is paired with a negative 15.3% operating margin, resulting in a net loss of $1.61 billion. The company's August 1 announcement caught many shareholders off guard, prompting accusations of inadequate disclosure and transparency. This lawsuit is just one of several legal battles Intel is currently strangled in. The company is also locked in a patent dispute with R2 Semiconductor across multiple European countries, centering on voltage regulation technology. While Intel has secured a victory in the UK, it faces ongoing litigation in Germany, France, and Italy. Adding to Intel's troubles, a separate class action lawsuit is being explored on behalf of customers who purchased potentially faulty 13th and 14th-generation processors. The company also canceled its September 2024 Innovation event, citing poor financials, without any words on Arrow Lake or Lunar Lake. While the cancelation of events is sad, it is necessary to get financials back on track, and product launches should continue as usual.

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.

MSI Releases BIOS Update for Intel Core 14th and 13th Gen Desktop Processor Instability

Regarding the instability of the Intel Core 14th /13th Gen desktop processors, MSI will release the latest BIOS of Intel 700 and 600 series motherboards and 14th /13th Generation Desktop PC with 0x129 microcode to mitigate the instability.

The 1st batch of BIOS releasing models are MEG Z790 GODLIKE MAX, MEG Z790 ACE MAX, MPG Z790 CARBON MAX WIFI II, MPG Z790 CARBON WIFI, MAG Z790 TOMAHAWK MAX WIFI and Z790MPOWER. All BIOS of Intel 700 and 600 series motherboards and 14th /13th Generation Desktop PC will be released soon in coming weeks by the end of August. MSI will continue to update our users on the latest news. Please follow MSI's official channels and check the product pages for the latest BIOS updates.

ASUS Releases Microcode Update to Address Intel 14th Gen and 13th Gen Stability Issues

ASUS today became the first motherboard vendor to release UEFI firmware updates that encapsulate the latest 126 microcode update by Intel. This microcode update is Intel's response to the stability issues plaguing 14th Gen and 13th Gen Core desktop processors based on the "Raptor Lake" or "Raptor Lake Refresh" silicon, which was caused by an improper implementation of the on-die power management, which caused high voltages to run through the silicon, causing their physical degradation over time. If you are already experiencing stability issues, you should be able to claim an RMA or service under warranty, since your processor has already degraded. If, however, your processor is new, and is stable with all kinds of workloads, including games and compute-heavy productivity, then this UEFI firmware update is crucial in preventing its degradation, as it corrects the issue. Safedisk, a professional overclocker associated with ASUS, posted a list of ASUS ROG and ProArt motherboard models based on the Intel Z790 chipset, with links to their firmware update files. It stands to reason that the company is releasing these updates across its other product lines, such as TUF Gaming and Prime.

You can find the list here.

If you don't find your motherboard model in that list, keep checking the Support section of your motherboard's product page on the ASUS website, you'll either find it there, or one of these days the company will put it up. This aligns with Intel's timeline of a mid-August release for the microcode update.

Not All PC Makers Promise to Honour Intel's Extended CPU Warranty

Intel recently announced it would offer an extra two-years warranty on its 13th and 14th gen Core CPUs, but it now seems like not all PC makers will follow suit. The Verge contacted 14 major PC makers and got a very mixed response when they asked if these companies would offer extended warranties on systems sold with said processors. It's important to keep in mind that OEM CPUs only come with a 12-month warranty, whereas retail box CPUs from Intel come with a three-year warranty. As such, most PC makers ought to extend the warranty in their systems by a further two years, as per Intel's new warranty terms and some are indeed doing this, while others appear not to.

However, a few companies appear to be offering up to a five-year warranty for the CPU in their system and these companies include Digital Storm, Falcon Northwest iBuyPower and Maingear, so kudos to them for going the extra mile. Corsair and Origin PC—which belongs to Corsair—are offering four years warranty, which is still pretty decent. This is followed by Puget Systems which will offer three years and finally we have Asus and HP which both will offer another two years of warranty, which is in line with what Intel has promised. Dell and its Alienware subsidiary hasn't promised any extended warranties, but will replace faulty CPUs under Intel's extended warranty and will cover any costs related to replacing the CPU, suggesting that they are offering a two-year extension as well.

CTL Introduces CTL Chromebook PX111E Series

CTL, a global cloud-computing solution leader for education and enterprise, announced today the introduction of the new CTL Chromebook PX111E Series. These 11.6" Chromebooks equip students with the essential processing and connectivity they need in a durable, sustainable device. Easy ChromeOS device manageability combined with CTL's Life Cycle Services reduces the burdens of deployment and device management for IT departments.

"We've introduced several new Chromebooks lately, and this is our newest 11.6" entry-level device built for the rigors of daily student use. We have tested it to MIL-STD-810H standards, added a durable 180 lay-flat hinge, and even shoved it off desks to ensure survivability. When combined with the power of Google for Education, Intel N100 processing, Wi-Fi 6E, and other advanced technologies, the PX111E Series will serve students for years to come," said Erik Stromquist, CEO of CTL.

Intel 18A Powers On, Panther Lake and Clearwater Forest Out of the Fab and Booting OS

Intel today announced that its lead products on Intel 18A, Panther Lake (AI PC client processor) and Clearwater Forest (server processor), are out of the fab and have powered-on and booted operating systems. These milestones were achieved less than two quarters after tape-out, with both products on track to start production in 2025. The company also announced that the first external customer is expected to tape out on Intel 18A in the first half of next year.

"We are pioneering multiple systems foundry technologies for the AI era and delivering a full stack of innovation that's essential to the next generation of products for Intel and our foundry customers. We are encouraged by our progress and are working closely with customers to bring Intel 18A to market in 2025." -Kevin O'Buckley, Intel senior vice president and general manager of Foundry Services

Intel 13th Gen and 14th Gen Processor RMA Didn't Go Through? Reach Out to Intel

Intel on Monday (08/05) provided additional information on its recently announced 2-year worldwide warranty extension for select models within its 13th Gen and 14th Gen Core desktop processors based on the "Raptor Lake" silicon. It mentioned that those who made unsuccessful RMA claims for their processors can reach out to Intel Customer Support for further assistance and remediation. This should prove especially useful for all those that tried to make RMA claims for their processors when these instability issues first came to light, but were met with RMA claim rejections.

Intel also listed out the exact processor model numbers affected by the instability issues, which are eligible not just for the warranty extensions, but also RMA claim assistance. These include every processor model within the 13th- and 14th Gen that are based on the larger "Raptor Lake" or "Raptor Lake Refresh" silicon, which has eight "Raptor Cove" CPU cores, four "Gracemont" E-core clusters, 2 MB of L2 cache per P-core, and 4 MB of L2 cache per E-core cluster. Several processor models within the 13th and 14th Gen are based on the older "Alder Lake" silicon with 1.25 MB of L2 cache per P-core, and 2 MB of L2 cache per E-core cluster. These chips are unaffected by the issue, as are entry-level processors based on the H0 die that only has up to six P-cores, and no E-core clusters.

MSI Unveils MS-C906 Ultra-Low-Power Fanless Box IPC for Edge AI Applications

MSI, a global leader in AI and advanced computing solutions, proudly announces the launch of the MS-C906, a compact-size Box PC powered by the Intel 13th Gen Raptor Lake-P U Series Processor. Designed for ultra-low-power fanless operation, the MS-C906 is ideal for edge AI applications, offering unparalleled performance and reliability.

Key Features:
  • High Performance: Supports up to 32 GB of DDR5 5200 MHz RAM and features quadruple independent HDMI displays, perfect for versatile visual output in various industrial and commercial environments.
  • Robust Connectivity: Equipped with four Intel 2.5GbE LAN ports, ensuring robust network connectivity. M.2 and SATA interfaces provide ample storage options.

Linux Patch Boosts Intel 5th Generation Xeon "Emerald Rapids" Performance by up to 38%, up to 18% Less Power

Intel's 5th generation Xeon Scalable processors codenamed Emerald Rapids, have been shipping since late 2023 and are installed at numerous servers today. However, Emerald Rapids appears to possess more performance and efficiency tricks than it initially revealed at launch. According to the report from Phoronix, reporting on a Linux kernel patch sent to the Linux Kernel Mailing List (LKML), there is a chance for up to 38% performance increase while using up to 18% less power on all Intel 5th generation Xeon machines. Thanks to Canonical (maker of Ubuntu Linux) engineer Pedro Henrique Kopper, who explained the patch on the LKML, we found out that changing a single line of code yielded this massive increase.

Ubuntu Linux, as well as many other distributions, ship with Energy Performance Preference (EPP) for Emerald Rapids with a "balance_performance" value of 128. However, changing the value to 32 now yields a massive performance improvement alongside using less power. The EPP "balance_performance" is the default out-of-the-box setting for many Linux distributions. Users manually setting the "performance" mode in the EPP are not expecting any increase from this patch, as the "balance_performance" mode had issues balancing power and efficiency. Introducing this new setting yields more performance for machines that run at default settings, and this is especially important for data centers where the need for lower power and increased performance is constantly surging. Especially at hyperscalers like Amazon, Google, and Meta, which may run tens of thousands of these CPUs at default settings to keep them stable and well-cooled, who can now enjoy a massive performance increase with less power consumed.
Below, you can see the patch quote as well as more performance/power measurements.

Puget Systems Releases CPU Failure Report: AMD CPUs Achieve Higher Failure Rate Than Intel 13th and 14th Generation

A fleet of recent reports have highlighted stability issues affecting Intel's 13th and 14th-generation desktop processors, raising concerns among consumers and industry professionals. The problem, which has gained significant attention over the past few months, is related to the processors' physical degradation over time. Custom PC builder Puget Systems has shared insights from its experience with these processors, revealing a nuanced perspective on the issue. While it has observed an increase in CPU failures, particularly with the 14th-generation chips, its failure rates remain notably lower than those reported by some game development studios and cloud gaming providers, who have cited failure rates as high as 50%. An interesting observation is that Puget Systems recorded a higher failure rate with AMD Ryzen 5000 and Ryzen 7000 series than Intel's 13/14th generation, with most failures happening at Puget's shop rather than the "field" in customers' hands.

Puget Systems attributes their more modest failure rates of Intel processors to their conservative approach to power management settings. By adhering strictly to Intel's specifications and developing their own power settings that don't hurt performance, they've managed to mitigate some of the stability issues plaguing other users. Intel has acknowledged the problem and announced plans to release a microcode patch by mid-August, with extended warranty program. This update is expected to prevent further degradation but may not reverse existing damage. Despite the elevated failure rates, Puget Systems' data shows that the issue, while concerning, still needs to be at critical levels for their operations. The company reports that failure rates for 13th and 14th gen Intel processors, while higher than ideal, are still lower than those they experienced with Intel's 11th gen chips and some AMD Ryzen processors. In response to the situation, Puget Systems is taking several steps, including maintaining its current power management practices, promptly validating Intel's upcoming microcode update, and extending warranties for affected customers. Below, you can see failure rates by month, by Intel's Core generation, as well as by "shop" vs "field" testing.

Intel Stock Swandives 25% in Friday Trading Spooked by Quarterly Results

The Intel stock on NASDAQ slid 25% as of this writing, on Friday (08/02). This comes in the wake of the company's Q2-2024 quarterly results that held the company's profitability below expectations, leading the company to suspend quarterly dividend payouts starting Q4-2024, and engage a slew of measures to cut cost of revenue by over $10 billion. Among other things, this mainly involves downsizing the company across its various business units. Intel tried to keep investor spirits high by posting updates on how its 5N4Y (five silicon fabrication nodes in four years) plan is nearing completion, and how the company is at the cusp of raking in numbers from the AI PC upswing. To this effect, the company is launching its "Lunar Lake" and "Arrow Lake" processors within 2024, to address the various PC sub-segments. The Intel stock isn't churning in a silo, tech stock prices across the industry are witnessing corrections, although few as remarkable as Intel.

NVIDIA Hit with DOJ Antitrust Probe over AI GPUs, Unfair Sales Tactics and Pricing Alleged

NVIDIA has reportedly been hit with a US Department of Justice (DOJ) antitrust probe over the tactics the company allegedly employs to sell or lease its AI GPUs and data-center networking equipment, "The Information" reported. Shares of the NVIDIA stock fell 3.6% in the pre-market trading on Friday (08/02). The main complainants behind the probe appear to be a special interest group among the customers of AI GPUs, and not NVIDIA's competitors in the AI GPU industry per se. US Senator Elizabeth Warren and US progressives have been most vocal about calling upon the DOJ to investigate antitrust allegations against NVIDIA.

Meanwhile, US officials are reportedly reaching out to NVIDIA's competitors, including AMD and Intel, to gather information about the complaints. NVIDIA holds 80% of the AI GPU market, while AMD, and to a much lesser extent, Intel, have received spillover demand for AI GPUs. "The Information" report says that the complaint alleges NVIDIA pressured cloud customers to buy "multiple products". We don't know what this means, one theory holds that NVIDIA is getting them to commit to buying multiple generations of products (eg: Ampere, Hopper, and over to Blackwell); while another holds that it's getting them to buy multiple kinds of products, which include not just the AI GPUs, but also NVIDIA's first-party server systems and networking equipment. Yet another theory holds that it is bundle first-party software and services to go with the hardware, far beyond the basic software needed to get the hardware to work.

Intel Granite Rapids SKUs Detailed With Up To 128 Cores and 500 W TDP

The newest leak from X (formerly Twitter) has detailed five Intel Granite Rapids SKUs, including the 6980P, 6979P, 6972P, 6952P, and the 6960P. Featuring up to 128 CPU cores and up to 504 MB of cache, these show that Intel Granite Rapids will double the amount of cores compared to the Emerald Rapids SKUs.

The newest leak coming from Jaykihn over at X, following the previous leak that detailed the most powerful SKU. The 6980P will pack 128 cores, pack 504 MB of cache, have a 2.0 GHz base frequency and a massive 500 W TDP rating. The rest of the SKUs have lower core count, ending with the 6960P, which comes with 72 cores, 432 MB of cache, but also a higher 2.7 GHz base frequency.

Intel "Meteor Lake" CPUs Face Yield Issues, Company Running "Hot Lots" to Satisfy Demand

In a conversation with Intel's CEO Pat Gelsinger, industry analyst Patrick Moorhead revealed that Intel's Meteor Lake CPU platform suffers from some production issues. More specifically, Intel has been facing some yield and/or back-end production issues with its Meteor Lake platform, resulting in a negative impact on Intel's margins when producing the chip. The market is showing great demand for these chips, and Intel has been forced to run productions of "hot lots"-- batch production of silicon with the highest priority that gets moved to the front of the production line so they can get packaged as fast as possible. While this is a good sign that the demand is there, running hot lots increases production costs overall as some other wafers have to go back so Meteor Lake can pass.

The yield issues associated with Meteor Lake could be stemming from the only tile made by Intel in the MTL package: the compute tile made on the Intel 4 process. Intel 4 process is specific to Meteor Lake. No other Intel product uses it, not even the Xeon 6, which uses Intel 3, or any of the upcoming CPUs like Arrow Lake, which uses the Intel 20A node. So, Intel is doing multiple nodes for multiple generations of processors, further driving up costs as typical high-volume production with a single node for multiple processors yields lower costs. Additionally, the company is left with lots of "wafers to burn" with Intel 4 node, so even with Meteor Lake having yield issues, the production is ultimately fine, while the operating costs and margins take a hit.

Apple Reports Q3 Fiscal 2024 Results

Apple today announced financial results for its fiscal 2024 third quarter ended June 29, 2024. The Company posted quarterly revenue of $85.8 billion, up 5 percent year over year, and quarterly earnings per diluted share of $1.40, up 11 percent year over year. "Today Apple is reporting a new June quarter revenue record of $85.8 billion, up 5 percent from a year ago," said Tim Cook, Apple's CEO. "During the quarter, we were excited to announce incredible updates to our software platforms at our Worldwide Developers Conference, including Apple Intelligence, a breakthrough personal intelligence system that puts powerful, private generative AI models at the core of iPhone, iPad, and Mac. We very much look forward to sharing these tools with our users, and we continue to invest significantly in the innovations that will enrich our customers' lives, while leading with the values that drive our work."

"During the quarter, our record business performance generated EPS growth of 11 percent and nearly $29 billion in operating cash flow, allowing us to return over $32 billion to shareholders," said Luca Maestri, Apple's CFO. "We are also very pleased that our installed base of active devices reached a new all-time high in all geographic segments, thanks to very high levels of customer satisfaction and loyalty."

Intel Extends Warranty by Two Years for 13th and 14th Generation Processors Amid Crashing Concerns

In a statement for Tom's Hardware, Intel has announced a two-year warranty extension for its 13th and 14th Generation Core processors. This decision comes in response to widespread reports of crashes and instability affecting a broad range of models, from high-end flagship chips to mid-range offerings. The extension effectively increases the standard warranty period from three to five years for most boxed processors, with even the limited-edition models seeing an increase from one to three years. This move aims to reassure customers and mitigate concerns about potential long-term damage to affected chips. Intel has identified excessive voltage as the root cause of the problem, which has led to unexpected system crashes and blue screens of death (BSODs), particularly during gaming and other demanding tasks.

The company plans to release a microcode update by mid-August to prevent further degradation in unaffected processors. However, this update will not resolve issues in chips that have already experienced problems, and users with malfunctioning processors will need to seek replacements. The tech giant has faced criticism for its delayed response to the issue, which has plagued users for months. In its statement, Intel also addressed concerns about Via Oxidation, clarifying that while this separate issue was discovered in 2022, it is not the cause of the current instability problems. The company claims to have implemented fixes and enhanced screening procedures for Via Oxidation by early 2023, with affected chips reportedly removed from the supply chain by early 2024.

AAEON Unveils PICO-MTU4 SBC Powered by Core Ultra "Meteor Lake" Processors

Premier embedded computing provider AAEON (Stock Code: 6579), has announced the release of the PICO-MTU4, the smallest single-board computer to host the new Intel Core Ultra Processor platform. On the ultra-small 100 mm x 72 mm PICO-ITX form factor, the PICO-MTU4 leverages the disaggregated die design, hybrid CPU core architecture, and integrated VPU of the Intel Core Ultra series for a multi-thread performance increase of up to 24%, with a 50% reduction in SoC power consumption.
The board is available in SKUs featuring both Intel Core Ultra 7 and 5 Processors, all with a TDP of 15 W, maxing out at a total of 12 cores (2 P-cores, 8 E-cores, and a further 2 Low Power E-cores) and 14 threads of processing power.

Equipped with LPDDR5x, two LAN ports (2.5GbE and 1GbE), two USB 3.2 Gen 2 ports, and a variety of serial interfaces for industrial protocols like dual COM for RS-232/422/485, a 4-bit GPIO, and SMBus, AAEON have indicated the board will target the advanced industrial robotics market, with SCADA, MES, and system monitoring devices singled out as particularly suitable uses.

Intel Reports Q2-2024 Financial Results; Announces $10 Billion Cost Reduction Plan, Shares Fall 20%+

Intel Corporation today reported second-quarter 2024 financial results. "Our Q2 financial performance was disappointing, even as we hit key product and process technology milestones. Second-half trends are more challenging than we previously expected, and we are leveraging our new operating model to take decisive actions that will improve operating and capital efficiencies while accelerating our IDM 2.0 transformation," said Pat Gelsinger, Intel CEO. "These actions, combined with the launch of Intel 18A next year to regain process technology leadership, will strengthen our position in the market, improve our profitability and create shareholder value."

"Second-quarter results were impacted by gross margin headwinds from the accelerated ramp of our AI PC product, higher than typical charges related to non-core businesses and the impact from unused capacity," said David Zinsner, Intel CFO. "By implementing our spending reductions, we are taking proactive steps to improve our profits and strengthen our balance sheet. We expect these actions to meaningfully improve liquidity and reduce our debt balance while enabling us to make the right investments to drive long-term value for shareholders."

Sabrent Teases Rocket XTRM5 Portable SSD with Thunderbolt 5

Sabrent teased its upcoming Rocket XTRM5 portable SSD. The company's flagship portable storage product, the drive implements Thunderbolt 5 (works on Thunderbolt 4 and Thunderbolt 3 at reduced speeds). It is able to take advantage of Thunderbolt 5 with 80 Gbps per-direction bandwidth, although we haven't seen anything in the product's teaser to suggest that it implements the Intel Bandwidth Boost technology, which would have given it 120 Gbps on one of the directions (either reading or writing), while the other direction is reduced to 40 Gbps.

The Rocket XTRM5, like most portable SSDs these days, is an enclosure with an M.2-2280 slot inside. This one encloses an M.2 Gen 5 NVMe SSD, and while Sabrent hasn't put out any performance numbers, we expect them to be above 64 Gbps (Gen 4 x4 maximum theoretical bandwidth per direction), to take advantage of the 80 Gbps per direction Thunderbolt 5 bandwidth. It is slated to come in 1 TB, 2 TB, and 4 TB capacity variants. Its enclosure is well-ventilated, and is made of aluminium all around. The company didn't put out a release date.

Law Firm Investigates Class Action Suit Over Intel's Unstable 13th/14th Gen CPUs

Law firm, Abington Cole + Ellery, is investigating a potential class action lawsuit against Intel due to instability issues in their 13th and 14th Gen CPUs. Intel has acknowledged the problem, stating that elevated operating voltage caused by a microcode algorithm is resulting in instability. While Intel promises a patch, it won't prevent damage already done to affected chips.

Intel has offered to replace damaged CPUs, which could potentially undermine the basis for a lawsuit if the company is honoring this commitment effectively. However, user experiences with Intel's RMA service vary widely, with some reporting smooth replacements and others facing delays or complications. Intel claims to support all affected customers, including those with tray processors, but advises contacting system vendors for pre-built systems.

Newegg Adds CPU Trade-In and PC Trade-In Programs

Newegg Commerce, Inc., a leading global e-commerce company specializing in computers and consumer electronics, today announced that its CPU Trade-In program is now live on Newegg.com. As the latest addition to the GPU Trade-In program launched last year, Newegg's CPU Trade-In program enables customers to trade their used CPUs in exchange for credit toward an entirely new CPU from Newegg.

About the CPU Trade-In Program
A CPU, often referred to as the brain of a computer, enables PCs to process data and operations. When new units become available, users frequently opt to upgrade their system's CPU with newer, faster models capable of accommodating increasingly sophisticated software and programs. Newegg's trade-in program allows customers to trade in their existing aged CPUs for credit toward a new CPU.

Intel to Cut 10,000 Jobs Across the Globe, Projected to Save $10 Billion

According to sources close to Bloomberg, Intel plans to cut 10,000 jobs from its global workforce. The news comes amid heavy pressure on the semiconductor giant, which has been on a steady decline over the years, while other industry rivals like AMD and NVIDIA have been rising and taking market share in various areas from Intel. It is reported that Intel currently has 110,000 employees globally, and reducing the workforce by 10,000 would net Intel around 100,000 global employees left. These figures exclude employees from spun-out units like Altera FPGA company, which is under Intel's ownership. Intel's aim to reduce its workforce is expected to come with a significant cost benefit to the company, with projected savings of $10 billion by 2025.

The news isn't yet official, but it is expected to see the light of the day as soon as this week. As Intel's CEO Pat Gelsinger invests heavily into the fab construction and development of next-generation products, there have been a few notes that Intel would have to overcome some challenges shortly to reach its long-term goals like more advanced silicon manufacturing facilities and new products for AI/HPC and client sector. One of those short-term measures is reducing the workforce to cut down expenses. Intel has reduced its workforce before. In 2022, the company announced reduced spending in non-critical areas and reducing the workforce, and in 2023, cut the workforce by 5% to 124,800 employees last year, only to be left with 110,000 employees in 2024.

Intel Core Ultra 200V "Lunar Lake" CPUs Arrive on September 3rd

Intel has officially confirmed the upcoming Core Ultra 200V "Lunar Lake" CPU generation is arriving on September 3rd. The official media alert states: "Ahead of the IFA 2024 conference, join Michelle Johnston Holthaus, Intel executive vice president and general manager of the Client Computing Group, and Jim Johnson, senior vice president and general manager of the Client Business Group, and Intel partners as they launch the next generation of Intel Core Ultra processors, code-named Lunar Lake. During the livestreamed event, they will reveal details on the new processors' breakthrough x86 power efficiency, exceptional core performance, massive leaps in graphics performance and the unmatched AI computing power that will drive this and future generations of Intel products."

With IFA happening in Berlin from September 6th to 10th, Intel's Lunar Lake launch is also happening in Berlin just a few days before, on September 3rd at 6 p.m. CEST (9 a.m. PDT). We expect to see nine SKUs: Core Ultra 9 288V, Core Ultra 7 268V, Core Ultra 7 266V, Core Ultra 7 258V, Core Ultra 7 256V, Core Ultra 5 238V, Core Ultra 5 236V, Core Ultra 5 228V, and Core Ultra 5 226V. All of the aforementioned models feature four P-cores and four E-cores, with varying Xe2 GPU core counts and clocks. We also expect to see Intel present its design wins and upcoming Lunar Lake devices like laptops during the launch.
Intel Core Ultra 200V Lunar Lake
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