Intel shared the expected timeline for the release of new processors but made no mention of graphics cards.
- honeywellholding
- Mar 31
- 1 min read
Intel's annual report for shareholders includes a letter from CEO Lip-Bu Tan, outlining the company's future plans. He confirmed that Intel will continue to reduce costs by $10 billion and cut its workforce by 15%, aiming to simplify its business model and invest in key areas. Tan emphasized the importance of focusing on customer needs and listening to feedback.
Intel plans to strengthen its position in the processor market by launching Panther Lake in late 2025 and Nova Lake in 2026. However, the company did not mention graphics cards or its graphics division, and since the release of the new Battlemage cards, there have been no updates from Intel Graphics. The company also plans to expand its product lineup, including AI-powered PCs.