As Intel appears to streamline its enterprise operations and get again to profitability within the face of weak revenues and different enterprise struggles, nothing is off the desk as the corporate appears to chop prices into 2025 – not even Intel’s commerce exhibits. In an sudden announcement this afternoon, Intel has begun informing attendees of its fall Innovation 2024 commerce present that the occasion has been postponed. Previously scheduled for September of this 12 months, Innovation is now slated to happen in some unspecified time in the future in 2025.
Innovation is Intel’s common technical showcase for builders, prospects, and the general public, and is the successor to the corporate’s legendary IDF present. In current years the present has been used to ship standing updates on Intel’s fabs, introduce new shopper platforms like Panther Lake, launch new merchandise, and extra.
But after three years of exhibits, the way forward for Innovation is up within the air, as Intel has formally postponed the present – and with a less-than-assuring dedication to when it could return.
In a message posted on the Innovation 2024 web site (registration required), and individually despatched out through electronic mail, Intel introduced the postponement of the present. In lieu of the present, Intel nonetheless plans on holding smaller developer occasions.
After cautious consideration, now we have made the choice to postpone our Intel-hosted occasion, Intel Innovation in September, till 2025. For the rest of 2024, we’ll proceed to host smaller, extra focused occasions, webinars, hackathons and meetups worldwide via Intel Connection and Intel AI Summit occasions, in addition to have a presence at different trade moments.
Depending in your improvement wants, please leverage the next developer sources to be taught extra: developer.intel.com, developer.intel.com/ai, open.intel.com and intel.com/assist. Click right here for a full record of Developer occasions.
–Intel Innovation Website
Separately, in a assertion despatched to PCMag, the corporate cited its present monetary state of affairs, and that they “are having to make some tough decisions as we continue to align our cost structure and look to assess how we rebuild a sustainable engine of process technology leadership.”
While Intel had not but revealed a full agenda for the now-delayed present, Innovation 2024 was anticipated to be a significant showcase for Intel’s Lunar Lake and Arrow Lake shopper processors, each of that are due this fall. Arrow Lake specifically is Intel’s lead product for his or her 20A course of node – their first node implementing RibbonFETs and PowerVia bottom energy supply – so its launch will probably be an necessary second for the corporate. And whereas the postponement of Innovation gained’t affect these launches, it implies that Intel gained’t have entry to the identical stage or built-in viewers that comes with internet hosting your personal commerce present. Never thoughts the misplaced alternatives for software program builders, who’re the core viewers for the present.
Officially, the present is simply postponed. But given the lead time wanted to order the San Jose Convention Center and related venues, it’s unclear whether or not Intel will be capable to host a present earlier than the second half of 2025 – at which level we’d be nearer to Innovation 2025, making Innovation 2024 de facto cancelled.
In the meantime, the corporate has already introduced that they’ll be launching Lunar Lake at IFA in Germany in September. So that continues to be the subsequent large commerce present for Intel’s shopper chip group.
