Intel announced its disappointing financial report for the fourth quarter of 2022, announcing the cancellation of the Pathfinder for RISC-V project, effective immediately. Intel had a tough 2022, and 2023 is expected to remain tough. The Q4 revenue in 2022 will be US$14 billion, compared with US$20.5 billion in the same period of 2021, a year-on-year decrease of 32%; the net loss will be US$661 million, compared with a net profit of US$4.6 billion in the same period of 2021, a year-on-year decrease of 114%. Among them, the data center and AI business fell by 33%, and the client computing business fell by 36%. Pathfinder for RISC-V is an attempt by the X86 chip giant to explore the open architecture of the new CPU, and the direct cut means that Intel is determined to stick to its main platform. Pathfinder for RISC-V is designed to help accelerate the development of RISC-V chips, allowing users to build RISC-V chips and then run them on FPGAs, and Intel expects to still make RISC-V chips for its foundry business partners.
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