Years of bean counters trimming budgets to increase payouts to Wall Street and PGs reckless over spending on IFS have left Intel in a position were they can't spend enough on R&D to compete in new markets. There is no way the company can afford to achieve and maintain a leadership in process technology while simultaneously trying to stay ahead on current products and developing new products like quantum computing. It will be another miss along with AI, foundry, phones... the list goes on.
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As with a lot of other emerging tech, Intel has a Quantum project.
As with a lot of Intel projects, it is not clear there is any intention or path to making money off it.
It's been said that Intel is worse than Google for how they fund pointless projects which appear to be more science experiment than anything intended to go to market.
Google constantly ki-ls such projects, which is why most potential customers stay away from Google. Such corporate behavior can not be trusted.
The "Snake oil" comment comes from INTC Product Marketing, alas, your woes
Quantum computing is snake oil.
I brought this up in a past thread. I used the term “Kelvin” in my post, and all got was crickets.
- and the question of when will Intel start to work on quantum computing has come up as questions for years in ELT open forums only to be answered with "we are looking at that" when Pat himself couldn't explain what it was.