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Intel postpones Innovation event in wake of poor financial results, product problems

Less than two months before one of its biggest events of the year, Intel announced it is postponing Intel Innovation 2024, originally scheduled for September 24-25 in San Jose, Calif., until next year.
“Intel Innovation 2024 has been postponed until 2025,” the company said in an emailed statement to Network World. “Fostering a developer ecosystem continues to be a priority for Intel. After careful consideration, we are pivoting from hosting a single, large-scale event this year to focusing on our current smaller, more targeted events, webinars, hackathons and meetups worldwide through Intel Connection and Intel AI Summit events, as well as presence at other industry moments.”
Those “industry moments” will include a scheduled keynote at the IFA 2024 conference in Berlin on September 3. In an announcement about the session, Intel said it will unveil its next-generation Intel Core Ultra processors, codenamed Lunar Lake, during the livestreamed event,