Intel tempers expectations for next-gen Falcon Shores AI GPU — Gaudi 3 missed AI wave, Falcon will require fast iterations to be competitive [Yahoo! Finance]
Intel Corporation (INTC)
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Source: Yahoo! Finance
Intel dumped its Xe-HPC GPU accelerators in favor of Gaudi but is still missing its sales goals with its Gaudi 3 AI accelerator . Thus, Intel is pinning its AI hopes on its next-gen Falcon Shores GPU platform. However, interim co-CEO Michelle Johnston Holthaus said this week that rather than Falcon Shores being a first-gen breakthrough, it would require fast iteration to become a competitive platform. "We really need to think about how we go from Gaudi to our first-generation Falcon shores, which is a GPU," said at the Barclays 22nd Annual Global Technology Conference. "I will tell you right now, is it going to be wonderful? No, but it is a good first step in getting the platform done, learning from it, understanding how all that software is going to work, how the ecosystem is going to respond, so then we can very quickly iterate after that." Intel admitted that its Gaudi 3 platform would miss its 2024 sales targets primarily due to imperfect software. At the Barclays Conference,
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