Intel beats expectations thanks to high performance product sales

[HEXUS]

And it confirms that 10nm Ice Lake laptops will be available by the holiday season.

Read more.

[adidan]

Bit-Tech reckons it's not as rosy as the Hexus article makes out - investors not happy and stocks took a dive.

[zaph0d]

tbh I reckon any 10nm releases will be basically vapour launches, a couple dribbled out to prove existence and not much beyond that

[Tabbykatze]

tbh I reckon any 10nm releases will be basically vapour launches, a couple dribbled out to prove existence and not much beyond that

They were literally there to say, "look, there's some 10nm silicon, progress *whoo!*"

[preter_s]

This article is so misleading. Intel's stock price is crashing so hard, it is dragging down all the major indices like the NASDAQ, S&P500 etc.

The reduction in spending means less capex investment, which will slow future growth & R&D results. The reason is the difficult forward looking guidance - Intel expecting next quarter to be worse.

As the major analysts have said, Intel is under attack from all quarters. Its data center business is DOWN! So much for the cloud infrastructure dream Intel has been hyping up the past few years for their future growth! AMD's EPYC is responsible for the data center server, expected to double its market share in percentage terms with big wins. If you consider that Microsoft & Amazon's cloud business has been unstoppable in the same period of earnings announcements, whereas Intel's declined, you know that AMD has been winning big. Nvidia has been snatching key AI workload wins.

In the PC area, again, AMD is winning big time also, helped further due to Intel's supply shortages. In countries like Germany (& Holland I believe) AMD sales beat Intel sales 2 to 1.

If Hexus can't put all this accurately, it's become an Intel Lackey.