Intel had an incredibly rough quarter, unexpectedly losing half a billion dollars due to a PC purchasing slump, and yesterday seemed like more bad news — a report from TrendForce about manufacturing delays sparked rumors that Intel’s next big flagship processor Meteor Lake would be delayed until 2024, which would put it as much as a year behind schedule. (In a February investor meeting, Intel said that Meteor Lake would be “powering on” this summer before shipping in 2023.)

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