Intel’s foundry business still needs plenty of improvement before it can catch up to one of its chief competitors, according to a new report out of Taiwan that explains how the company is planning to outsource even more orders of “Arrow Lake” and “Lunar Lake”—the code names for Intel’s latest desktop and mobile processors—to TSMC. The report, which comes by way of ctee.com.tw, noted that Intel’s revenue in Q3 2024 was $13.3 billion USD, down 6% YoY, with a $16.6 billion loss. “The launch [of Arrow Lake] just didn’t go as planned,” Robert Hallock, Intel’s VP and GM of client AI and technical marketing, told an outlet in an interview that was published this weekend.
…the company has identified factors “that can combine to produce some pretty wild unintended effects.” Hallock said Intel hopes to give a “comprehensive update” on what the chip’s issues are and what’s causing them by the end of November or early December.