3 ms·

Intel's bad year worsens, with analyst decrying company as 'profoundly broken'

23 points by elsewhen 2y ago

WoodenChair 2y ago
This is a 2 month old article; the company has had significant progress since then and the specific price information is no longer as relevant.
- j_walter 2y ago
  They have claimed progress since then, but their latest and greatest processor that is available still runs on mostly TSMC chips. 18A has zero proof of being ready by the end of the year like they claim.
  - signatoremo 2y ago
    What do you mean by greatest and latest? Intel 3 is in high volume production, and Intel Xeon 6 chip, their datacenter offering, their bread and butter, are made on that process - [0] 18A is slated for 2025, not end of this year. Check this presentation from 2021 - [1]. Their latest update is that they are still on track - [2] [0]-https://www.tomshardware.com/tech-industry/intel-3-3nm-class-process-technology-is-in-high-volume-production-intel https://www.tomshardware.com/tech-industry/intel-3-3nm-class... [1]- https://download.intel.com/newsroom/2021/client-computing/Intel-Accelerated-2021-presentation.pdf https://download.intel.com/newsroom/2021/client-computing/In... [2] - https://community.intel.com/t5/Blogs/Intel-Foundry/Process-Technology/Intel-Delivers-Leading-Edge-Foundry-Node-with-Intel-3-Technology/post/1607454 https://community.intel.com/t5/Blogs/Intel-Foundry/Process-T...
  - HarHarVeryFunny 2y ago
    Yeah, and their "Gaudi" AI accelerator chips that the articles cites as a bright spot is also technology that they bought and didn't develop themselves. It seems as if Intel, even under Andy Grove, have been somewhat of a one-trick pony. They nailed the "tick tock" process/architecture advance of their CPU products, but have missed almost all the other major market opportunities (mobile, gaming. AI/ML) that have presented themselves, as well as managing to screw up their process lead and fall behind.
drumhead 2y ago
Arent they planning to have sub 3nm fabs operational before TSMC? I also think the US government and other western governments will help prop it up because its too strategically important to have a non-asia based chip manufacturer.
- mewse-hn 2y ago
  I think the analyst's take in the article is just based on short-term financials. Intel is facing stiff competition from amd, nvidia, ARM but as you said they are moving into a strong posture, at least tech-wise. I'd assume these bad financials are a hangover from the eternal 14nm process node.
segasaturn 2y ago
Why was Intel stock so high from November to April? It hit a peak of about $50 which is higher than certain points of the pandemic tech bubble.
- bandrocks74 2y ago
  if you were to follow asml's shipments by way of their preferred logistics company you would know how many High NA EUV tools Intel currently has in Chandler, when they received them and you might be asking yourself a different series of questions about what is actually happening in to their potential output and hte impact on the industry. But this foolish banter keeps the stock down for the moment, so thank you.

23 points by elsewhen 2y ago

This is a 2 month old article; the company has had significant progress since then and the specific price information is no longer as relevant.

j_walter 2y ago
They have claimed progress since then, but their latest and greatest processor that is available still runs on mostly TSMC chips. 18A has zero proof of being ready by the end of the year like they claim.
- signatoremo 2y ago
  What do you mean by greatest and latest? Intel 3 is in high volume production, and Intel Xeon 6 chip, their datacenter offering, their bread and butter, are made on that process - [0] 18A is slated for 2025, not end of this year. Check this presentation from 2021 - [1]. Their latest update is that they are still on track - [2] [0]-https://www.tomshardware.com/tech-industry/intel-3-3nm-class-process-technology-is-in-high-volume-production-intel https://www.tomshardware.com/tech-industry/intel-3-3nm-class... [1]- https://download.intel.com/newsroom/2021/client-computing/Intel-Accelerated-2021-presentation.pdf https://download.intel.com/newsroom/2021/client-computing/In... [2] - https://community.intel.com/t5/Blogs/Intel-Foundry/Process-Technology/Intel-Delivers-Leading-Edge-Foundry-Node-with-Intel-3-Technology/post/1607454 https://community.intel.com/t5/Blogs/Intel-Foundry/Process-T...
- HarHarVeryFunny 2y ago
  Yeah, and their "Gaudi" AI accelerator chips that the articles cites as a bright spot is also technology that they bought and didn't develop themselves. It seems as if Intel, even under Andy Grove, have been somewhat of a one-trick pony. They nailed the "tick tock" process/architecture advance of their CPU products, but have missed almost all the other major market opportunities (mobile, gaming. AI/ML) that have presented themselves, as well as managing to screw up their process lead and fall behind.

drumhead 2y ago

Arent they planning to have sub 3nm fabs operational before TSMC? I also think the US government and other western governments will help prop it up because its too strategically important to have a non-asia based chip manufacturer.

mewse-hn 2y ago
I think the analyst's take in the article is just based on short-term financials. Intel is facing stiff competition from amd, nvidia, ARM but as you said they are moving into a strong posture, at least tech-wise. I'd assume these bad financials are a hangover from the eternal 14nm process node.

segasaturn 2y ago

Why was Intel stock so high from November to April? It hit a peak of about $50 which is higher than certain points of the pandemic tech bubble.

bandrocks74 2y ago
if you were to follow asml's shipments by way of their preferred logistics company you would know how many High NA EUV tools Intel currently has in Chandler, when they received them and you might be asking yourself a different series of questions about what is actually happening in to their potential output and hte impact on the industry. But this foolish banter keeps the stock down for the moment, so thank you.