LogFAQs > #967146012

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TopicApparently Intel Arc may actually be canceled
Kamen_Rider_Blade
08/07/22 7:16:29 PM
#5:


Yup, it's been going on in the news for the past few days already.

The decision is still on going between the higher ups.

Pat Gelsinger wants to keep it, but it might not all be up to him.

Intel recently lost ALOT of $$$ for the first time in years while AMD made ALOT and cut a chunk out of Intel's Profits.

AMD Posts 70% Year-Over-Year Revenue Increase as Sales of EPYC CPUs Skyrocket
https://www.tomshardware.com/news/amd-posts-70-percent-year-over-year-revenue-increase
AMD earned $6.55 billion in Q2; net income dropped to $447 million.

Intel Posts $500 Million Loss for the First Time in Decades as Sales Drop 17%
https://www.tomshardware.com/news/intel-posts-dollar500-million-loss-for-the-first-time-in-decades-as-sales-drop-17
CEO blames economic decline and execution issues

Intel won't admit that their competition is eating into their profits

Here's how bad Intel Arc is:
https://www.youtube.com/watch?v=MjYSeT-T5uk

https://www.youtube.com/watch?v=e3o7tKRGcMY

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