Intel pentium g630

NEW YORK: Intel on Thursday (Oct 22) missed third-quarter revenue estimates for its data-centre chip unit as the COVID-19 pandemic crippled sales to government and business customers, sending its shares down 10 per cent. Revenue from Intel's data-centre business fell 7 per cent to US$5.9 billion in the reported quarter, while analysts on average had expected revenue of US$6.21 billion, according to FactSet. Intel is the dominant provider of processor chips for PCs and data centres, but the company has struggled with manufacturing delays, saying in July that its next generation of chipmaking technology has slipped six months behind schedule. The pandemic has given Intel a boost in the form or surging laptop sales as employees and students work and learn from home. Sales in its PC group were US$9.8 billion, beating analyst estimates US$9.09 billion, according to FactSet. But Intel sold a higher volume of less profitable chips in its PC business, driving operating margins down … [Read more...] about Intel’s data centre chip sales fall short, shares slide 10%

NEW YORK: Intel Corp's US$9 billion sale of its NAND memory chip unit will help the US chip giant focus on its core business in higher-margin processors, Wall Street analysts said on Tuesday (Oct 19), after its deal with South Korea's SK Hynix. Intel, best known for making computer processors used in desktops and laptops, has been trying to focus more on its strengths, including the Optane memory business, which is smaller but lucrative as it taps more advanced technology. Exiting the NAND chips business will also help the chipmaker fend off the impact on profit from being in a cut-throat commodity memory market, where prices cycle through booms and busts. Cowen and Co analysts said the deal was critical for Intel as it would lessen "the product and manufacturing variables" required to get its core PC/server processor businesses back on track. SK Hynix had 11.7 per cent market share in the NAND Flash market in the second quarter, while Intel occupied 11.5 per cent, according … [Read more...] about Wall Street backs Intel’s US$9 billion sale of NAND unit to Hynix

CALIFORNIA: Intel has agreed to sell its NAND memory chip business to SK Hynix for US$9 billion in an all-cash deal that would propel the South Korean chipmaker to second in the global rankings. The deal will allow SK Hynix to overtake Japan's Kioxia in the NAND memory market, and narrow the gap with market leader Samsung Electronics as the shift to work-from-home boosts demand for chips used in tablets and servers. SK Hynix said Intel would sell all of its NAND business including its solid-state drive business, NAND product and wafer business, and its factory in Dalian, China. Intel would keep its Optane business, its advanced memory technology. The deal would allow Intel to focus on its remaining memory business, Optane, a person familiar with the matter told Reuters. Intel did not immediately respond to Reuters' requests for comment. PANDEMIC-DRIVEN DEMAND The Nand Flash industry grew in the April-to-June quarter thanks to robust demand for PCs and servers as the … [Read more...] about South Korea’s SK Hynix to buy Intel’s NAND business for US$9 billion

REUTERS: Intel Corp on Friday said that it has won a second-phase contract in a project aimed at helping the U.S. military make more advanced semiconductors within the United States. Under the project, Intel will help the military develop prototypes of chips using its semiconductor packaging technology at factories in Arizona and Oregon. The packaging technology allows pieces of chips called "chiplets" from different providers to be combined into one package, helping cram more features into a smaller finished product while lowering its power consumption. Intel declined to disclose a dollar figure for its portion of the contract, which is being overseen by the Naval Surface Warfare Center, Crane Division. Intel won part of the first phase of the contract in 2019. Intel's work with the Defense Department comes as U.S. officials focus on boosting domestic semiconductor manufacturing in response to the rise of China as a strategic competitor. About 75per cent of the world's … [Read more...] about Intel wins second phase of contract to help Pentagon develop chips

A day after formally taking the reins from Bob Swan as head of Intel, chief executive Pat Gelsinger this morning sent a memo to Intel employees in which he urged the company to become a "fountain of innovation" for the industry. "We will be a fountain for continuous innovation in the industry through our unmatched IP, engineering talent and research into new next-generation computing architectures," wrote Gelsinger. Gelsinger listed three other bullet points: to be a leader in every category in which Intel competes; to "execute flawlessly"; and to bring back "Groveian disciplines for direct, transparent and data-driven decisions and accountability," referring to famed Intel co-founder and CEO the late Andy Grove. Gelsinger reiterates in his memo his long history with Intel — he worked at the company for thirty years before becoming head of software maker VMware — and called the CEO role, once again, "my dream job." Gelsinger's appointment was announced on January 13th, … [Read more...] about New Intel CEO Gelsinger in memo urges return of Groveian transparency, directness