Intel Postpones Innovation 2024 Event to 2025 Amid Financial Struggles

Despite the delay, Intel confirms its Arrow Lake CPUs are still on track for a Q4 2024 release.

Intel's Innovation 2024 event, originally set for September, has been postponed to 2025.
The company cites financial difficulties and a challenging outlook as reasons for the delay.
Intel plans to focus on smaller, targeted events throughout the remainder of 2024.
Arrow Lake CPUs for desktops are still expected to launch in Q4 2024.
Intel faces significant layoffs and a substantial drop in stock value.