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Intel delays new chip in first setback due to CEO Gelsinger’s turnaround effort

Chip maker Intel Corp. Has postponed production of one of the latest chips to improve performance. This is the first significant product setback under the new CEO Pat Gelsinger, who is trying to rebuild the company’s competitiveness.

Intel is currently planning to begin production of next-generation central processing units for servers (the brains of these machines) in early 2022. This is after Lisa Spelman, the company’s corporate vice president who manages the server, has previously stated that it will be ready later this year. -The tip business said in a blog post on Tuesday.

The extra time Spelman wrote allows Intel to improve chip performance, especially around invaluable metrics for data processing and artificial intelligence processing. Currently, she writes that production will start in the first quarter of next year and will increase in the second quarter.

The new chip delay is the first under Gelsinger. Appointed Chief Executive Officer in February Following a major delay in chipmaking progress under his predecessor, Bob Swan.Intel said almost a year ago next generation More sophisticated chips with microtransistors aren’t ready until late next year, about a year behind initial expectations.

Gelsinger has vowed to increase the reliability of Intel when manufacturing new chips. At the company’s first shareholders’ meeting as CEO in May, Intel stated that it aims to provide “a stable rhythm of leadership products that customers can trust.”

Intel delays new chip in first setback due to CEO Gelsinger’s turnaround effort

Source link Intel delays new chip in first setback due to CEO Gelsinger’s turnaround effort

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