Read more.Also chipmaker will report Q4 2013 earnings this evening.
Read more.Also chipmaker will report Q4 2013 earnings this evening.
Sounds like without competition pushing process scales down, Intel are content to rest on their laurels and stay at the current process while remaining competitive.
Intel expects no revenue growth in 2014:
http://www.bbc.co.uk/news/technology-25771760
Intel shares fell 5% in out of hours trading.
It's another flat-spot time like the P4 days. The competition have stronger parts where it counts. ARM for mobile, AMD for laptops/consoles.
Intel will grow again, they just have to adapt again, they have the luxury of lots of money to correct the problem and started a 7 year plan a while ago to get back on track. I am sure this fab will come online at some stage. I think all this does is highlight how strong they are, they can spend $5b on a new fab and then say "lets let it sit there"
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It's worth pointing out that they haven't actually spent a billion $ on it yet. They've spent millions on the building itself and basic infrastructure, but the vast majority of that 5 billion is the manufacturing equipment that will go inside the plant and the cost of commissioning it all, none of that exists yet.
Intel announces over 5000 job cuts this year:
http://money.cnn.com/2014/01/17/technology/intel-jobs/
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