Intel kills its RISC-V Pathfinder development kit programme
Intel has discontinued its recent programme that brought together a wide range of RISC-V technologies.
The Pathfinder programme includes FPGA boards and IP from Europe as well as a range of tools for verification and development.
“We regret to inform you that Intel is discontinuing the Intel Pathfinder for RISC-V program effective immediately,” said the company. “Since Intel will not be providing any additional releases or bug fixes, we encourage you to promptly transition to third-party RISC-V software tools that best meet development needs.”
The move comes as Intel reported full year revenues of $63.1bn, down 20 percent on last year, with a profit of just $8bn, down 60%. The company had announced cuts of $3bn for 2023 and last week announced layoffs of 544 staff in California, with more expected.
“In 2023, we will continue to navigate the short-term challenges while striving to meet our long-term commitments, including delivering leadership products anchored on open and secure platforms, powered by at-scale manufacturing and supercharged by our incredible team,” said Pat Gelsinger, Intel CEO.
“In the fourth quarter, we took steps to right-size the organization and rationalize our investments, prioritizing the areas where we can deliver the highest value for the long term,” said David Zinsner, Intel CFO. “These actions underpin our cost-reduction targets of $3 billion in 2023, and set the stage to achieve $8 billion to $10 billion by the end of 2025.”
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