Intel EVP Bryant Details Ambitious Vision Of Innovation For Purposeful Computing forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
(Photo : Screenshot From Commons.Wikipedia.org) Intel Profits Bearish and Dropped During First Quarter of 2021
Intel sales were reportedly flat and the profit reportedly dropped in Q1 of 2021 according to the CEO Pat Gelsinger s initial earnings report. Intel s earnings per share were seen to be significantly higher compared to the analyst estimates as well as the company s own forecast. Intel stock, however, was down over 3% in extended trading despite sales being above analyst estimates.
Intel Revenue 2021
EPS or Earnings Per Share: $1.39 versus 1.15 (which was adjusted) expected a 1% down year over year.
Revenue: $18.57 billion versus $17.90 billion (which was adjusted) expected to be flat year over year.
While Intel is undergoing a major shakeup in its manufacturing strategy, the company has been in the midst of other major changes for how it makes CPUs.
For the past few years, the company has been revealing new methods and approaches for designing and manufacturing processors. This includes incorporating different kinds of cores in a single processor, moving to tile-based chip designs and using new packaging technologies for bringing all the components together.
Pat Gelsinger, the company veteran who became Intel’s CEO in February, underlined the importance of these new approaches in helping the company return to “unquestioned leadership” for CPUs by 2024 or 2025 during his March 23 address on the company’s new IDM 2.0 strategy.
The new 11th-generation Intel Core S-Series desktop CPUs are coming out with a new, unusual architecture that cuts back on the maximum core count while bringing a boost in AI capabilities and instructions per clock that the chipmaker says makes them competitive with AMD’s latest Ryzen chips.
The chipmaker announced the launch of the new processors, code-named Rocket Lake-S, Tuesday, saying that they come with up to a 19 percent increase in instructions per clock (IPC), up to 50 percent better integrated graphics performance as well as new AI capabilities with Intel Deep Learning Boost and support for Vector Neural Network Instructions.
Intel Fights AMD With AI, IPC Boost In Rocket Lake Desktop CPUs
The new 11th-generation Intel Core S-Series processors only go up to eight cores due to the limitations of a new 14-nanometer architecture, but the chipmaker says it’s making up for a lack of more cores with new AI features as well as a 19 percent increase in instructions per clock. By Dylan Martin March 16, 2021, 12:37 PM EDT
The new 11th-generation Intel Core S-Series desktop CPUs are coming out with a new, unusual architecture that cuts back on the maximum core count while bringing a boost in AI capabilities and instructions per clock that the chipmaker says makes them competitive with AMD’s latest Ryzen chips.