Latest Intel publications
Chipmaker supreme Intel has released its latest quarterly financials, with the company’s data centre group the standout performer in a quarter interrupted by Covid-19.
Intel’s revenues are split between those gained from PC chip sales, and what it calls “data-centric” sale — chips that service the enterprise IT stack, from the multi-cloud to the edge and back.
AMD posted strong quarterly earnings last week, with the chipmaker netting $2.13 billion in revenue, a 49.9 percent increase from the previous year.
Wall Street’s eyes were on AMD following rival Intel’s solid quarterly earnings, helped by its buoyant data centre division.
Intel has posted solid quarterly and full-year revenue forecasts fuelled by an uptick in data centre chip sales.
The chipmaker’s sales in Q1 2020 and the year as a whole are set to outpace analysts’ expectations and wider industry trends, thanks to surging demand from public cloud providers for the company’s server chips.
According to reports that surfaced late last week, Intel is planning to lay off a substantial number of employees within its Data Center Group as part of a significant restructuring of the division.
SemiAccurate and Anandtech both reported Friday that between 35 and 33 percent of staff within the company’s data centre unit face losing their jobs, just days before the semiconductor giant is scheduled to report its fourth-quarter results to media and investors.
Amazon is readying a new data centre processor that is 20 percent more powerful than its predecessor, Reuters reports.
Like Amazon’s first chip, Graviton, the revamped processor will be based on Arm architecture. Amazon is reportedly ditching Arm’s older Cortex A72 technology in favour of the company’s updated Neoverse N1 tech, and the chip is expected to have 32 cores compared to Graviton’s 16.