He killed Tofino.People are a little too hard on Pat
Just lol'ed. This is karma for years and years of ill practice.There's really only so much you can do when your product lead times can be longer than the time he's been CEO.
This.People are a little too hard on Pat. There's really only so much you can do when your product lead times can be longer than the time he's been CEO.
There was no chance of having the Intel ship fully turned around by now and their only chance of looking good was everyone else failing worse than they had.
They still have a way to go before the bad decisions of the past decade stop haunting them.
That s made up numbers, if CCG made 3.6bn how is it that Intel foundry made 2.5bn loss.?.
It means that the client CPUs are sold at close to production cost if the foundry doesnt get enough money for this supply, it s not like these are two different firms.
Umh, Zen 4 hit so much in 2023 that Intel closed the client sector (desktop and mobile) with a profit of 6.5 billion dollars, while AMD closed the client sector with a deficit of 50 million dollars. HEDT is also included in the client segment. A minimum of objectivity, come on.And Zen 5 has not hit yet. When it does, if all rumors are even half true, they have even a more serious problem, desktop AND server, as well as mobil. And HEDT is non-existent for them.
Slump in the PC sector + Intel slashed margins and flooded mobile channel with ADL/RPL 282 at cheap prices. AMD preferred to hold and preserve their margins.Umh, Zen 4 hit so much in 2023 that Intel closed the client sector (desktop and mobile) with a profit of 6.5 billion dollars, while AMD closed the client sector with a deficit of 50 million dollars. HEDT is also included in the client segment. A minimum of objectivity, come on.
People are a little too hard on Pat. There's really only so much you can do when your product lead times can be longer than the time he's been CEO.
There was no chance of having the Intel ship fully turned around by now and their only chance of looking good was everyone else failing worse than they had.
They still have a way to go before the bad decisions of the past decade stop haunting them.
High opex on investment and elevated inventory levels.while AMD closed the client sector with a deficit of 50 million dollars.
The fabrication side, however, lost how many billion making those client chips? I wager some of the managers at Intel's fabs would like to charge Intel Client a much higher fee.Umh, Zen 4 hit so much in 2023 that Intel closed the client sector (desktop and mobile) with a profit of 6.5 billion dollars, while AMD closed the client sector with a deficit of 50 million dollars. HEDT is also included in the client segment. A minimum of objectivity, come on.
No more fat cows for both producers due to the pandemic of recent years. However, Intel closed (good for that) 2023 with a decent profit on the customer, precisely 6.5 billion dollars. AMD had no margin in 2023, as it closed WITH A LOSS of $50 million (i always talk about the client). AMD has a profitability problem in the client, vice versa Intel has a profitability problem in the data center. This is what the financial statements of the respective companies say in 2023.Crollo del settore PC + Intel taglia i margini e inonda il canale mobile con ADL/RPL 282 a prezzi convenienti. AMD ha preferito mantenere e preservare i propri margini.
First, with Intel Products, we have exposed a solid fabless franchise with established, powerful and
hard-to-displace installed base and ecosystems across enterprise, consumer and edge that
provide meaningful benefits to our customers and partners. Intel Products is a solidly profitable
business today, despite just recently emerging from a semiconductor downturn and still
competing with legacy process technology. That is changing rapidly as we ramp Intel 3 in 2024
and Intel 18A in 2025.
as standards emerge and applications begin to take
advantage of new AI-embedded capabilities, we see demand signals improving, especially in 2H
of the year helped by a likely corporate refresh. Our Core® Ultra™ ramp, led by Meteor Lake,
continues to accelerate beyond our original expectation, with units expected to double
sequentially in Q2, limited only by our supply of wafer level assembly. Improving 2H MTL supply
and the addition of Lunar Lake and Arrow Lake later this year will allow us to ship in excess of our
original 40 million AI PC CPU target in 2024
Of course, more competitive wafers, combined with our position as the only company
manufacturing with leading-edge wafers outside of Asia is drawing strong interest from potential
external customers. It is important to note that our leadership in advanced packaging creates
more value in our wafer technologies, and wafer-level assembly and base die opportunities further
fill our factories and extend the useful life of our tools for increased financial returns.
I am pleased to announce that this quarter we signed another meaningful customer on Intel 18A
bringing our total to six. A leader in the aerospace and defense industry, this customer chose Intel
Foundry based not only on the process technology benefits of Intel 18A but also because of their
desire to have a secure, U.S.-only supply base. Just this week, we were very pleased to announce
that the DoD (U.S. Department of Defense) awarded Intel Foundry Phase 3 of the Ramp-C
program, which we are confident will lead to additional federal, aerospace and defense customers.
More broadly, we are seeing growing interest in Intel 18A, and we continue to have a strong
pipeline of nearly 50 test chips. The near-term interest in Intel Foundry continues to be strongest
with advanced packaging, which now includes engagements with nearly every foundry customer
in the industry, including five design awards.
Now turning to our Q2 guidance. We expect revenue of $12.5 billion to $13.5 billion in the second
quarter, with the midpoint aligned to typical seasonal growth. At the midpoint of $13 billion, we
expect gross margin of approximately 43.5%, with a tax rate of 13% and EPS of $0.10, all on a non-
GAAP basis.
We see the client and data center businesses roughly flat to Q1 results, at the low end of seasonal.
Q2 client revenue is constrained by wafer level assembly supply, which is impacting our ability to
meet demand for Core™ Ultra-based AI PCs. We do expect sequential growth from Mobileye,
NEX and Foundry Services. As we look beyond Q2 guidance, we expect growth across all
segments in the second half of the year, led by improved demand for general-purpose servers
from both cloud and enterprise customers, and increased Core Ultra assembly capacity to
support a growing PC TAM (total addressable market) driven by enterprise refresh and the AI PC.
We should also see accelerating growth from our network and edge businesses, a return to growth
for Altera and a meaningful Gaudi ramp in the second half.
Let me say thank you for the questions and for joining us on the call today. We appreciate the
opportunity to update you on our solid Q1 results and to recap the numerous accomplishments
we’ve made since the start of the year. We continue to make steady progress driving product and
AI innovation, executing our leadership process roadmap, and delivering new foundry customers
as we transform the company for improved competitiveness and financial results.
And if any of you will be attending Computex in Taiwan in a few months, I look forward to seeing
you there. We’ll be announcing a wide range of products and offerings all centered on AI
momentum and competitiveness.
We look forward to speaking with you again next quarter.
Really? AMD's fabless operating loss compared to Intel's fab liability with earnings. That's your conclusion?High opex on investment and elevated inventory levels.
AMD wasn't doing mass layoffs, you see.
Of course but that s an arbitrary repartition, since a fab is supposed to sell at worstThat's why I mentioned in my prediction post that they are increasing margins in the design units by basically transferring the costs to the fab unit.
?AMD's fabless operating loss compared to Intel's fab liability with earnings.
Well yeah you don't have a choice.No wonder you predict AMD will charge $999 for 16 core Zen 5 and even higher for X3D version.
The fabrication side, however, lost how many billion making those client chips?
For those who don't know, Intel's client PC revenue was $29.3 billion last year. Meanwhile, AMD's client revenue was $4.6 billion, that's less than 16% of Intel's revenue. Nonetheless, we might see some changes this year AND it is not because of Zen5 desktop CPU. Desktop CPU is about 20% TAM. That's why all the talk about Zen5 desktop CPU going to rule the PC market is non-sense.I repeat, the balance sheets referring to the client sector for 2023 say this: Intel plus (+) $6.5 billion, AMD minus (-) $50 million. This is what the financial statements certified by auditors say. For many of you I see that it is difficult to accept such a simple truth, yet they are simple numbers.
The comments seem to imply that they're constrained by their WLA though?I don't believe the constraint is cause of Intel 4's supply. Most likely because the rest of the tiles are made by TSMC. That's mean Intel is constrained by TSMC's supply.
Our Core® Ultra™ ramp, led by Meteor Lake,
continues to accelerate beyond our original expectation, with units expected to double
sequentially in Q2, limited only by our supply of wafer level assembly.
Q2 client revenue is constrained by wafer level assembly supply,
Hard to say cause with upcoming ARL and LNL are all requiring packaging, do you believe Intel is not planning ahead?The comments seem to imply that they're constrained by their WLA though?
If I'm reading correctly, probably a bottleneck on Malaysia packaging foundry capabilities.
I think it's more likely that it's a combination of everything, if we go by Pat words.Hard to say cause with upcoming ARL and LNL are all requiring packaging, do you believe Intel is not planning ahead?
View attachment 97835
HAHAHAHAHHA hahahahaha hahaaaaaaaaa YES.
It's nothing!
Can't wait for the call, the street gonna eat Pat ALIVE.
That s made up numbers, if CCG made 3.6bn how is it that Intel foundry made 2.5bn loss.?.
It means that the client CPUs are sold at close to production cost if the foundry doesnt get enough money for this supply, it s not like these are two different firms.
Trying to find a reliable source, but apparently Gelsinger has said that Intel can't supply enough Intel 4/3 wafers for MTL and Q2 guidance will also be weak for client due to this.
How do they plan to reach 40M AI PCs EoY if they can't supply themselves? Are they expecting Lunar Lake to compose the majority of this 40M AI PCs sales?
20A is a test node with only one DT die fabbed on it. It won't be a volume node.
This is for Gaudi 3 but yeah not really inspiring numbers during the gold rush.It was pure BS, and now we have evidence