Intel Delays Innovation Event to 2025

Intel contacted me today to let me know that its Intel Innovation 2024 event, originally scheduled for late September, has been postponed to 2025.

“After careful consideration, we have made the decision to postpone the Intel Innovation event in September,” the message explains. “For the remainder of 2024, we will prioritize more focused and specialized events, webinars, hackathons, and meetups through Intel Connection and Intel AI Summit events, as well as other industry moments. Fostering a vibrant, open developer ecosystem remains a priority for Intel and this approach will continue to enable our developer audience to explore, innovate, and engage with the latest tech advancements, breakthroughs, and insights.”

Intel Innovation 2024 was to be held at the San Jose McEnery Convention Center in San Jose, California on September 24 and 25. It would have featured a keynote address with Intel CEO Pat Gelsinger and CTO Greg Lavender and other executives, sessions, hands-on labs, and other content focused on AI in the cloud and on the client.

Intel told other publications it pulled the plug on the event because of its recent financial report and revised outlook for the rest of 2024. This unexpected downturn triggered layoffs and cost-cutting, and then a historic decline in the company’s value, as investors sent Intel’s stock price plummeting nearly 30 percent the next day.

“We are having to make some tough decisions as we continue to align our cost structure and look to assess how we rebuild a sustainable engine of process technology leadership,” an Intel statement reads. “We express sincere appreciation to our partners, sponsors, exhibitors, developer communities, and our larger team who had committed to support and attend the event.”

Hopefully, this doesn’t diminish the impact of Intel’s upcoming Lunar Lake (mobile) and Arrow Lake (desktop) PC processors: Intel will kick off this generation of chips at IFA on September 3 with Lunar Lake, and leaks suggest some impressive improvements.