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Losses in chip production are great
Despite the stopping of blood loss, the company is not in very good condition, because all the main business lines declined in this quarter, and almost never increased all year. Responsible for chip production Foundry unit 13.4 billion dollars loss in 2024 He wrote. Company, 18A production process In the second half of 2026 It aims to improve its financial statements by fully activating it. Despite the arrival of 18A, Intel will not abandon to make external purchase (ie TSMC production).
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Transition to a more simple business model
Eş CEO Holthaus stressed that they aim to simplify the complex structure of the company and create a more oriented business model. Instead of being a company that “does everything in every field”, Intel, Holthaus, that it will focus on areas where it is strong stated.
In this context, Intel has developed for a long time Falcon Shores Code named artificial intelligence chip CANCELED. The company announced that it will only use this chip for internal tests. Instead, offering a wider system solution Jaguar will focus on the Shores project. Intel’s decision is interpreted as an important indicator that the firm re -evaluates its position in the artificial intelligence market.
In recent years, Intel has been behind his rivals Nvidia and AMD in the artificial intelligence chip market. Holthaus clearly accepted that Intel was not in a strong enough position on cloud -based artificial intelligence data centers. However, in Intel’s AI solutions Cost advantage It is stated that it aims to compete with its competitors.
Intel’s total loss of 2024 was $ 18.76 billion and its income was $ 53.1 billion. In addition, the number of employees of the company decreased by 15,000 people in the last quarter of the year. Stating that the search for new CEO continues, the management is waiting for a series of challenging decisions. On the other hand, the most important strategy emphasized by Holthaus, “fighting for every socket. ” From these frameworks, it is clear that Intel will try to increase its market share by adopting an aggressive competition policy.
Source
https://www.theverge.com/news/603645/intel-earnings-q4-2024
https://www.intc.com/news-events/press-releases/detail/1726/intel-reports-fourth-quarter-and-full-year-2024-financial
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