BUSINESSTHE REGISTER
Intel knows it needs to ‘leapfrog’ ARM and AMD, says CEO Lip-Bu Tan
Intel CEO Lip-Bu Tan acknowledged the need to catch up with AMD and Arm, highlighting growth in AI and new processors. The company reported a 25% revenue increase but a $11B GAAP loss, citing supply chain constraints and competition. Intel plans to leverage its 18A and upcoming 14A manufacturing processes to strengthen its position.
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