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Captain_Yuri said:

.@Intel Q3: #Datacenter and #AI Group numbers really bad - Revenue down 27%, Operating Income is close to zero - down 99%

Overall revenues down 20%

$664M charge for cost reduction measures (Cuts & Layoffs expected)

Q4 guidance is further down#HPC via @donal888 @dylan522p pic.twitter.com/xJEyKQeUHW

— HPC Guru (@HPC_Guru) October 27, 2022

Wow lol. Although with the restriction against China and Ai being largely GPU bound while sapphire rapids facing delays, not all that unsurprising.

Yeah, Intel really didn't have anything to counter AMD in Datacenter since Zen 2. And I doubt Sapphire Rapids can do very much, as due to the delays it will have to face Zen 4 Epyc chips now while first performance leaks showed Sapphire Rapids was just on par at best with Zen 3 Epyc chips. At best, it will slow down the fall of Intel's Datacenter and HPC business, but not making it a rising market yet. Maybe it's successor Emerald Rapids can reverse the trend, but if that one also gets delayed, which is highly probable, it will have to run against Zen 5, greatly lessening the chances of returning to growth in that sector.