Intel CEO Lip-Bu Tan and an Intel chip with a white diagonal line dividing the two
(Image credit: Intel Corporation)
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The memory crisis is biting hard and prices are still worsening for memory and storage, which means Intel is having a tougher time selling computer chips to the likes of you and me. CEO Tan said in the company's latest earnings call that "the next few quarters will be challenging for the PC market." So, rather than sit on Panther Lake chips it can't sell, the company says it's looking to shift some of that 18A capacity to data center chips instead.