Intel CEO Thinks Chip Shortage Will Stretch to 2024

Intel Expects Continued Market Share Loss All through 2023, Will Probably Exit Extra Companies

Posted on

Intel CEO Pat Gelsinger spoke on the Evercore ISI TMT convention yesterday, saying that the corporate expects to proceed shedding information middle market share all through no less than 2023 and can solely start regaining in 2025 and 2026. Gelsinger additionally mentioned that the corporate would possible exit different companies, very like it lately started exiting Optane reminiscence, because it continues to slender its focus to its core competencies. 

Intel’s lately delayed its Sapphire Rapids launch once more, with the chips now slated to reach in 2023. Gelsinger remarked that whereas the brand new chips are ‘higher than the AMD alternate options” in energy and efficiency and can win in some benchmarks, the benefits aren’t dramatic sufficient to gradual AMD’s advance. Because of this, Intel’s information middle enterprise will not develop on the identical price because the market, that means the corporate will proceed to lose market share. 

Supply hyperlink

Leave a Reply

Your email address will not be published. Required fields are marked *