Overview

• Intel's AI-focused Meteor Lake and Lunar Lake processors have seen disappointing sales, with consumers favoring the less expensive Raptor Lake chips.
• High demand for Raptor Lake CPUs has caused a shortage in the Intel 7 (7nm) process node, which the company expects to persist.
• Macroeconomic uncertainty and concerns about potential tariffs have driven buyers to prioritize cost-effective, older-generation chips over pricier AI-enabled models.
• Intel announced impending layoffs and restructuring following poor financial results, with its stock experiencing a significant decline.
• Despite these challenges, Intel maintains that the Panther Lake launch remains on schedule, with the company focusing on commercial market adoption first.