Intel lost half a billion dollars due to a PC purchasing slump. The next big processor, meteor lake, would be delayed until 2024, which would put it as much as a year behind schedule.

Meteor lake will actually ship, launch, and be available to consumers in 2023. Intel is firmly denying that the rumors are untrue.

Meteor lake is one of the company’s most important developments in many years. It’s also the first major release from Intel to use a chiplet design.

Intel CEO Pat Gelsinger straight-up told investors that meteor lake was showing’good health in both our and our customers’ Labs’.

Intel has confirmed that it’ll be ready for consumers in 2023 too. Delivery samples to customers is n’t the same as being ready for a consumer launch.

The report suggested that Intel would n’t begin mass production of a key meteor lake component until the end of 2023. Tsmc would n’t comment on Intel, but denied that its capacity expansion project had been affected.