Intel announced its second quarter financial report on July 24. Although Intel's revenue was very bright, its forecast for the third quarter failed to meet market expectations. The 7nm chip will be delayed for six months, and the desktop will not use 10nm until 2021.
According to the financial report, Intel's revenue in the second quarter was 19.7 billion US dollars, up 20% year on year. The profit was US $5.1 billion, up 22%. It may be that the household control of the epidemic has stimulated the upgrading of PC users, and the profit margin and growth in the second quarter are good.
In the second quarter financial report conference call, Intel revealed that due to process defects, it is expected that 7nm chips will be delayed for half a year. In addition, it is reported that Intel's desktop CPU will not have 10nm until 2021.
Affected by the adverse news, Intel's share price plummeted more than 10% after hours. Although its size is still large, Intel's market value has been surpassed by Nvidia, and its stock price has risen very slowly in recent years, even in the past 10 years, its stock price is not as good as that in the 1980s.
The situation of Intel this year is really not optimistic. First of all, AMD, the perennial competitor, has turned over in recent years by virtue of the Zen architecture. At the beginning of the year, Ryzen 4000 series chips, relying on much stronger multi-core performance and much lower prices, have gained excellent reputation, and AMD Yes is everywhere.
Apple announced in June that it would transfer the Mac processor from Intel to the self-developed ARM processor within two years. There is also news today that Samsung is also developing its own PC processor. This wave is really besieged from all sides.
As soon as the news came out, netizens who said, "No one knows 14nm better than I do", "You don't know 14nm romance at all", and "I thought it was toothpaste squeezing before, but later I knew it was really no good" kept joking, hoping that Intel could unlock the seal of toothpaste and reverse it as soon as possible.
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