Chips -- March 10, 2023

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Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.

Wiki transistor count here.

Backstory:

Yahoo!Finance: Bloomberg) -- With the most sell ratings in the Nasdaq 100 Stock Index, Intel Corp. is running ever lower on fans. Things have gotten so bad that even analysts brave enough to recommend buying are striking a cautious tone.

One of those, Srini Pajjuri at Raymond James, reasons that the chip designer’s “many problems” are unlikely to get much worse in the near term.

“We believe that the 2023 bar is low enough and expect the company to benefit from cyclical tailwinds and aggressive cost cuts,” Pajjuri wrote in a note last week, resuming coverage with an outperform recommendation.

(Bloomberg) -- With the most sell ratings in the Nasdaq 100 Stock Index, Intel Corp. is running ever lower on fans. Things have gotten so bad that even analysts brave enough to recommend buying are striking a cautious tone.

Another advocate, Gus Richard at Northland Securities, is sticking to his outperform rating, even after saying that buying the stock in the wake of January’s ugly earnings report would likely make investors “physically ill.”

The root of Intel’s woes stems from ceding its leadership position in the crucial area of manufacturing technology to Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. Those companies provide outsourced production to Intel’s competitors such as Advanced Micro Devices Inc., allowing rivals to field better products and grab market share. 

And it only gets worse from there.

Wiki count: updated.

Sapphire Rapids: too little, too late?

• competes with AMD's EPYC Genoa

Sapphire Rapids has been a long-standing Intel project in development for over five years and has been subjected to many delays.

Sapphire Rapids was first announced by Intel at their Investor Meeting in May 2019 with the intention of Sapphire Rapids succeeding Ice Lake in 2021.

Intel again announced details on Sapphire Rapids in their August 2021 Architecture Day presentation with no mention of a launch date.

Intel CEO Pat Gelsinger tacitly blamed the previous Intel leadership as a reason for Sapphire Rapid's many delays.

One industry analyst firm claimed that Intel was having problems with yields from its Intel 7 node with yields of 50–60% on higher core-count silicon.

Sapphire Rapids was originally scheduled for a launch in the first half of 2022. It was later scheduled for release in Q4 2022 but was again delayed to early 2023. The specific announcement date of January 10, 2023, was not revealed by Intel until November 2022.

Google: sapphire rapids intc

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Semiconductors on a Chip

INTC: too little, too late?

Wiki: chips. Tracked here.

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March 10, 2023: INTC -- too little, too late?

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