Intel Reaffirms Commitment to RAN with Granite Rapids Processor Amid Financial Restructuring
Intel has ruled out exiting the radio access network (RAN) market, reaffirming its commitment to Granite Rapids, its latest processor for RAN. Despite financial challenges, including a revenue drop from $79 billion in 2021 to under $53 billion in 2022, Intel secured $7 billion in funding from Nvidia and SoftBank. The company aims to leverage its NEX group within its data center and AI division to enhance its RAN offerings. Key partnerships with Ericsson and Samsung remain critical as Intel navigates competition from Nvidia's GPUs in the RAN space.
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Intel has confirmed it will not exit the radio access network (RAN) market, emphasizing its commitment to the Granite Rapids processor, which aims to enhance RAN capabilities. Despite a significant revenue drop from $79 billion in 2021 to below $53 billion in 2022 and a previous $19 billion loss, Intel secured $7 billion in funding from Nvidia and SoftBank.
The NEX group is now part of Intel's larger data center and AI division. Key partnerships with Ericsson and Samsung are vital, as Intel remains the only commercially deployed option in virtual RAN. The company faces competition from Nvidia's GPUs, but Granite Rapids is designed to lower deployment costs and improve efficiency.
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