https://www.tomshardware.com/pc-components/cpus/intel-loses-dollar16-billion-as-data-center-cpus-and-foundry-struggles
Gives uninspiring revenue outlook for the third quarter too.
Man, it's pretty late to jumping into AI, but I don't think the U.S. government will let Intel see any actual losses. Give me any other explanation how intel is still so big despite them making processors that need to be delidded to cool properly and leak data if you ask nicely.
I'm guessing this is due to ARM architecture and AMD competing on x86?
Crazy how far behind on AI they are, and their dominant data-centre position wasn't going to last forever.
I think that's part of it, chip war with China is another big factor, and now the AI craze is starting to cool off.