Sources detail Intel's turnaround under Lip-Bu Tan as AI demand for CPUs boosts business; Intel's deal to make Arm's AI data center chip fell through in 2024 (Michael Acton/Financial Times)
AI server demand is helping Intel’s CPU business, but one hoped-for foundry win with Arm slipped away.
Sources described Lip-Bu Tan’s turnaround effort at Intel as getting a lift from AI-related CPU demand. The same note says Intel had pursued a deal to manufacture Arm’s AI data center chip, but that agreement fell through in 2024. The supplied original does not include the underlying Financial Times text beyond Techmeme’s summary. Techmeme's note
Sources described Lip-Bu Tan’s turnaround effort at Intel as getting a lift from AI-related CPU demand. The same note says Intel had pursued a deal to manufacture Arm’s AI data center chip, but that agreement fell through in 2024. The supplied original does not include the underlying Financial Times text beyond Techmeme’s summary. Techmeme's note
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