Intel granite rapids server chip was postponed to the next year

Share the QR code with wechat scanning code to friends and circles of friends February 19. On Thursday, local time, American chip manufacturers said at the 2022 annual investor conference that in order to promote the development of chip OEM business and reverse the decline, a large amount of funds need to be invested in the next two years. Pat Gelsinger, CEO of Intel, also confirmed that the release of the server chip code named granite rapids will be postponed from 2023 to 2024 as soon as the news came out, Intel's share price fell more than 5% on Friday this server chip called granite rapids is very important to Intel. This is Intel's first server processor using ultra ultraviolet lithography technology, and it is a key technical achievement that Intel needs to catch up with TSMC and other top chip manufacturers a year ago, Gelsinger took over as CEO of Intel. As competitors such as AMD and traditional customers of companies such as apple began to challenge Intel's market position, he promised to help Intel reverse its decline in the chip industry investors' doubts about the company's strategy are highlighted, but the response to Intel's statement highlights. Investors are generally worried that Gelsinger's five-year transformation plan will affect the company's profit margin, and Intel's chip OEM business is a capital intensive business with great risk "some of you say, 'how do I know you're focused on this? Help me build confidence,'" Gelsinger said Intel executives said on Thursday that the company plans to achieve an annual sales growth of 10% by 2025, but the growth rate of revenue this year is expected to be "relatively flat". Dave zinsner, Intel's chief financial officer, said that Intel was entering an "investment phase". With the company's increasing capital expenditure, free cash flow is expected to be negative $1 billion in 2022 at present, Intel is investing US $20 billion to build chip manufacturing plants in Arizona and Ohio, and plans to build a new plant in Europe this year postponement of granite rapids chip at the same time, Intel also hopes to catch up with TSMC and Samsung in chip manufacturing technology. In recent years, TSMC and Samsung have surpassed Intel in the "process node" of manufacturing chips. TSMC's chip "process node" is 5 nm, while Intel's "process node" is still 10 nm the delayed release of granite rapids chip shows that although Intel is confident to catch up with its competitors by 2026, building a new processor manufacturing technology is still a process with high technical requirements and many challenges, which is prone to production delays. Intel said it plans to launch five new process nodes in the next four years, which is more radical than its competitors Gelsinger said that after delaying the release of granite rapids chip, Intel can manufacture server chips through more advanced process nodes, so that the company can also introduce a new timetable for the release of server chips twice a year Gelsinger said, "granite rapids is now a product using Intel 3 process technology, and the granite rapids chip postponed to 24 years will be a better product. So we changed the product roadmap to make it more powerful." he added that he had talked with Intel server customers about this adjustment. "We have made all our major customers accept this change and they are very satisfied with the change we have made." at the investor conference on Thursday, Gail Singh repeatedly admitted that Wall Street was skeptical of Intel's transformation plan. He said he hoped that the earnings per share of Intel's stock would double and that Intel's "P / E ratio" would double, but this required the confidence of investors Intel will start publishing more information about its business units to help investors build confidence. "You'll see how they all perform and how we implement the commitments we have made," Gelsinger said. (Chen Chen)

2023-03-22 10:04:50

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