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Goodbye Intel, nice knowing you...

Intel just released an earnings guidance, and in that one they said that 7nm production is 6 months behind, and yields even a full year behind their plans, meaning that their 7nm chips won't come out before late 2022 earliest, with 2023 being more realistic.

Alder Lake will also only come out in 2H of 2021, si Intel's x86 big.LITTLE experiment will run head-on against Zen 4 and probably won't stand much chance there.

Ponte Vecchio,Intel's 7nm GPU for their Exascale Supercomputer, will also get delayed, and with it the computer as a whole. Intel now tries to get the production of those chiplets done in external fabs to stay at least with those halfway on track.

Even though sales were strong in the passing quarter, investors were troubled enough for a massive selloff, sending Intel shares down by 10%. Income and revenue rose by about 20% YoY, but that wasn't enough to dispell the fears of the shareholders.

https://www.tomshardware.com/news/intel-announces-delay-to-7nm-processors-now-one-year-behind-expectations
https://www.marketwatch.com/story/intel-rides-strong-server-pc-sales-to-earnings-beat-and-forecasts-more-but-stock-still-falls-2020-07-23
https://www.marketwatch.com/investing/stock/INTC?mod=refsymb_mw