Intel

Prospects of an acquisition have cooled, according to sources speaking to Bloomberg:

Intel just reported Q3 2024 earnings, and losses are ten times worse than Q2 — a $16.6 billion loss, up from $1.6 billion. But Intel says that’s because of write-offs and restructuring to turn its fortunes around, including depreciating old manufacturing for its Intel 7 node.

Intel stands to receive $8.5 billion in CHIPS Act funding, ostensibly to make America lead in silicon again, but Intel’s not looking like much of a leader right now. Among other things, Anna Swanson and Tripp Mickle at The New York Times found out Commerce Secretary Gina Raimondo has asked Big Tech to order chips from Intel fabs — and most of them said no.

The company has successfully reduced its record-setting EU fine of €1.06 billion to €376.36 million, at most. It was levied way back in 2009 after the x86 maker was found guilty of anticompetitive practices like paying PC makers to halt or delay the launch of products fitted with competing chips.

The layoffs affect workers at all four of Intel’s Oregon campuses, according to a WARN notice posted online. The job cuts come as part of Intel’s broader layoffs that will impact more than 15,000 employees.

A Reddit user spotted a Microsoft Surface Laptop outfitted with Intel’s next-gen ARM competitor on a Chinese website called Goofish, Windows Central reports.

After multiple reports surfaced Friday saying Qualcomm talked to Intel about a possible acquisition, now Bloomberg reports Apollo Global Management has offered to make an “equity-like investment” of up to $5 billion.

Samsung’s entry into the Microsoft Copilot Plus AI PCs was the weirdly throttled (and pricey) Galaxy Book4 Edge, but here’s a new 15-incher with Qualcomm’s budget 8-core chip, plus a Galaxy Book 5 Pro 360 backflipper with Intel’s Lunar Lake.

*While streaming Netflix at 1080p with an FHD+ screen at just 150 nits of brightness.

While Intel battles to deal with crashing 13th and 14th Gen CPUs, the chip giant is preparing its Arrow Lake generation of CPUs. Benchlife reports that the Intel Core Ultra 200 lineup will launch on October 10th, and feature 14 chips in total. Videocardz also has a roundup of the cores and boost speeds Intel is expected to target for its next-gen CPUs.

Acer to The Verge, today:

The company’s answer was brief:

The announcement follows Intel’s rough Q2 2024 earnings and its decision to make massive job cuts.

Asus is the first OEM to release BIOS updates for its range of Z790 motherboards. The latest beta BIOS includes Intel’s new microcode fix to address stability and crashing issues with its 13th and 14th Gen processors. This won’t fix chips that are already damaged, though. You’ll need to swap your CPU, with Intel or a PC maker, if it has degraded.