Intel Postpones Innovation 2024 Event, Focusing on Cost Control

Intel Postpones Innovation 2024 Event, Focusing on Cost ControlIntel recently announced that its Innovation event, originally scheduled for 2024, will be postponed until 2025. This decision has sparked industry attention, as the event is typically a key platform for Intel to showcase its cross-departmental innovations and launch important products

Intel Postpones Innovation 2024 Event, Focusing on Cost Control

Intel recently announced that its Innovation event, originally scheduled for 2024, will be postponed until 2025. This decision has sparked industry attention, as the event is typically a key platform for Intel to showcase its cross-departmental innovations and launch important products.

The Innovation event has always been a significant stage for Intel to unveil its latest technologies and products, including next-generation processors, server chips, AI accelerators, and more. The 2024 event was highly anticipated, as Intel was expected to launch its next-generation Core Ultra Arrow Lake processor, which will be used not only in mobile devices, but also on the desktop platform. Additionally, Xeon 6 server processors, Gaudi3 AI accelerators, and the progress of Intels foundry business, particularly the Intel 20A and Intel 18A nodes, were also expected to be showcased at the event.

However, the postponement of Innovation 2024 might be related to the companys current focus on cost control. Intel aims to cut $10 billion in revenue costs by fiscal year 2024, a goal that will be achieved by the middle of 2025. Therefore, holding a grand product launch event might not be in line with its current strategy.

Despite the postponement, Intels decision doesnt necessarily mean that the launch schedule for products like Core Ultra Arrow Lake has been altered. The company may choose to release these important products through low-key dedicated press conferences.

This decision reflects the challenges Intel currently faces. In recent years, the company has been under pressure from competitors like AMD, alongside internal pressures for transformation and restructuring. Postponing the Innovation event can be seen as a crucial move for Intel to adjust in the current complex environment.

For consumers and the industry, Intels decision means waiting longer to see its latest product launches. But on the other hand, the postponement gives Intel more time to optimize and refine its products, ensuring they are released at their best.

As Intel's Innovation 2025 approaches, we will continue to monitor the companys latest developments in technology and products.