AMD has topped second-quarter estimates and said it was making further inroads in artificial intelligence computing.
Author: Ian King
In a significant turn of events, Intel is working with ARM to potentially use that company’s technology in its factories.
Intel slid in late trading in the US after giving a dire forecast, hurt by sinking demand from PC customers.
Intel is hitting all the targets it has set on a path to regain leadership in semiconductor manufacturing, it said.
Intel, looking to regain its footing in the chip industry, has introduced new PC processors and graphics semiconductors.
Qualcomm is taking another run at the market for server processors, betting it can decrease its reliance on smartphones.
Even in an industry famous for its roller-coaster cycles, chip makers are bracing for a particularly severe shift in coming months.
Chip sales will begin to decline in 2023, according to Gartner, marking an abrupt end to one of the industry’s biggest boom cycles.
The accumulation of inventory by chip makers has usually been a sign of impending doom for the industry. It could be happening again.
Intel CEO Pat Gelsinger gives himself an A- grade for his first year running the chip maker. Investors are proving to be tougher graders.