PSG reported revenues up 36% YOY. Intel reported fast ramp to 1 million SPR within 1H. Meteor Lake ramping for 2H launch. Emerald Rapids on track for 2H launch. Gaudi 2 is getting good press from Hugging Face. Intel 18-A taped out for Lunar Lake first silicon. Sierra Forest and Granite Rapids, both on Intel 3, are sampling in high volumes.Reply
" Intel reported fast ramp to 1 million SPR within 1H. Meteor Lake ramping for 2H launch. Emerald Rapids on track for 2H launch. Gaudi 2 is getting good press from Hugging Face. Intel 18-A taped out for Lunar Lake first silicon. Sierra Forest and Granite Rapids, both on Intel 3, are sampling in high volumes. "
unless these products are released, who cares if they are ramping up. it doesnt mean squat if you cant buy them. intel is mostly talk and no action nowReply
Found the transcript. Intel says AXG's now-combined numbers hurt DCAI margins, but curiously they don't mention AXG's impact on income. This must be a watershed moment at Intel. I don't know why they wouldn't clarify more: people would like to know.
>[DCAI's] Operating loss was $518 million, impacted sequentially by lower revenue, higher product costs and investment in leadership products on new process nodes. DCAI margins were also diluted by the merge of the AXG business and inventory reserves tied to the exit of our Server System business.Reply
Well they didn't really have a competitive product last year. The server parts were getting really old and they must have been almost giving them away to clear inventory. Plus they needed a massive engineering push to get SPR out the door. Not good conditions for being able to run a profitable business. The losses would have happened sooner if the chip shortage had not distorted the market so much.Reply
>Well they didn't really have a competitive product last year.
These are Q1 2023 datacenter revenue & income. SPR shipments have been ongoing for ~2.5 months, and it's been delayed for years—I would've assumed customers were ready on Day 1 of Q1 2023 to accept product (as validation & ramp finished in Nov 2022 with some orders delivered already)
Though you might be right: perhaps the datacenter division is still recouping costs SPR re-spin.
Some think Intel's 10-Q filings shows a large $2b inventory loss on "non-qualified products"— I can't seem to tease it out as they also lump inventory there…but why would Intel write off $2b in inventory unless it was literally dead?
Shame, shame, shame. SPR started in 2018…you'd think Intel would've learned its lessons in slowing down and not biting off more than it can chew.Reply
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JayNor - Friday, April 28, 2023 - link
PSG reported revenues up 36% YOY.Intel reported fast ramp to 1 million SPR within 1H.
Meteor Lake ramping for 2H launch.
Emerald Rapids on track for 2H launch.
Gaudi 2 is getting good press from Hugging Face.
Intel 18-A taped out for Lunar Lake first silicon.
Sierra Forest and Granite Rapids, both on Intel 3, are sampling in high volumes. Reply
Qasar - Friday, April 28, 2023 - link
" Intel reported fast ramp to 1 million SPR within 1H.Meteor Lake ramping for 2H launch.
Emerald Rapids on track for 2H launch.
Gaudi 2 is getting good press from Hugging Face.
Intel 18-A taped out for Lunar Lake first silicon.
Sierra Forest and Granite Rapids, both on Intel 3, are sampling in high volumes. "
unless these products are released, who cares if they are ramping up. it doesnt mean squat if you cant buy them. intel is mostly talk and no action now Reply
ikjadoon - Friday, April 28, 2023 - link
Datacenter is a *loss*? Never in 50 year would I imagine Intel's datacenter unit LOSING money.I mean, if graphics were the key contributor, Intel would've mentioned that, no? Or, is that also a little ... embarrassing to admit?
AMD, Ampere, Arm, etc. must be doing work. I'll be curious what AMD reports on Genoa sales. Reply
ikjadoon - Friday, April 28, 2023 - link
Found the transcript. Intel says AXG's now-combined numbers hurt DCAI margins, but curiously they don't mention AXG's impact on income. This must be a watershed moment at Intel. I don't know why they wouldn't clarify more: people would like to know.>[DCAI's] Operating loss was $518 million, impacted sequentially by lower revenue, higher product costs and investment in leadership products on new process nodes. DCAI margins were also diluted by the merge of the AXG business and inventory reserves tied to the exit of our Server System business. Reply
flgt - Friday, April 28, 2023 - link
Well they didn't really have a competitive product last year. The server parts were getting really old and they must have been almost giving them away to clear inventory. Plus they needed a massive engineering push to get SPR out the door. Not good conditions for being able to run a profitable business. The losses would have happened sooner if the chip shortage had not distorted the market so much. ReplyThreska - Saturday, April 29, 2023 - link
Well I imagine in some third-world country "almost giving them away" would be music to someone's ears. Replyikjadoon - Saturday, April 29, 2023 - link
>Well they didn't really have a competitive product last year.These are Q1 2023 datacenter revenue & income. SPR shipments have been ongoing for ~2.5 months, and it's been delayed for years—I would've assumed customers were ready on Day 1 of Q1 2023 to accept product (as validation & ramp finished in Nov 2022 with some orders delivered already)
Though you might be right: perhaps the datacenter division is still recouping costs SPR re-spin.
Some think Intel's 10-Q filings shows a large $2b inventory loss on "non-qualified products"— I can't seem to tease it out as they also lump inventory there…but why would Intel write off $2b in inventory unless it was literally dead?
Shame, shame, shame. SPR started in 2018…you'd think Intel would've learned its lessons in slowing down and not biting off more than it can chew. Reply
Oxford Guy - Saturday, April 29, 2023 - link
‘with tech companies across the globe recalling from a 30%+ drop in PC sales.’Recoiling Reply
zamroni - Sunday, April 30, 2023 - link
Intel past money bosses thought buying euv machines wasn't needed Reply