- Nov 14, 2011
I hope they're wrong... I want the group to last long enough to release GPUs built on Intel processes.Jon Peddie estimates that Intel's has invested about $3.5 billion in its discrete GPU development and that these investments yet have to pay off. In fact, Intel's AXG has officially lost $2.1 billion since its formal establishment in Q1 2021. Given the track record of Pat Gelsinger, Intel's chief executive who scrapped six businesses since early 2021, JPR suggests that AXG might be next.