Raising full-year 2021 guidance. Now expecting GAAP revenue of $77.0 billion and non-GAAP revenue of $72.5 billion
Datacenter volume down 13% Y/Y and ASP down 14%.
Desktop volume down 4% Y/Y and ASP down 5%.
Notebook volume up 54% Y/Y and ASP down 23%.
Notebook volumes up 54% YoY Notebook ASPs down 23% I suspect that's a lot of educational market. Govt/Enterprise down another 20% this Q
Guess that 14nm gravy train choo chooed away.Datacenter volume down 13% Y/Y and ASP down 14%.
Desktop volume down 4% Y/Y and ASP down 5%.
Notebook volume up 54% Y/Y and ASP down 23%.
Notebook volume was up 54% but ASP was down 23%. All hail the Chromebook!
Datacenter volume down 13% Y/Y and ASP down 14%.
Desktop volume down 4% Y/Y and ASP down 5%.
Notebook volume up 54% Y/Y and ASP down 23%.
Isn't the -14% server ASP decline despite officially barely moving prices?
No matter how competitve Renoir is, +54% notebook volume with a large ASP decline must tell a story about availability and OEM relationships.
Interesting to see how far the client group is getting ahead of datacenter. Intel can thank Cooper Lake and Cascade Lake-AP for that. And Ice Lake-SP hah.
What do you consider blowout? A billion datacenter rev would be nice surprise. That would close in on 20% of Intel.
If AMD announces another blowout quarter next week on server sales then you know the Intel excuse of "cloud digestion" is total BS. And you still cannot buy a Icelake SP setup at Super Micro, so earnings call blabber about the ICL server ramp being "superb" is yet more BS.
The analysts on the call lobbed softball questions at the new CEO to not sabotage relationships right away. No hard questions on 7nm, ASP falling off a cliff, etc. Too bad.
Harlan Sur: (20:48)
Good afternoon and a nice job on the quarterly execution. It was good to see the unveiling of the IDM 2.0 strategy back in March. Was also good to get the seven-nanometer update and continued execution on getting that ramped in 2023, but that’s just the point milestone, right? So in order to sustain your technology and performance leadership with the IDM 2.0 strategy, it’s going to require the team to maintain a cadence on both internal optimization but also, more importantly, to maintain a cadence of continued node shrinks to five-nanometer and then ultimately to three-nanometer. I think the Intel team had previously articulated node migrations kind of every two, two and a half years. Pat, I think you said a yearly cadence back in March, but I assume that that was internal optimization. But on the move to seven to five, can we expect the team to ramp 5 nanometers two, two and a half years after your seven-nanometer ramp and then three-nanometer ramp two, two and a half years after 5?
Pat Gelsinger: (21:56)
Hey, thank you for the question, Harlan. And overall, as I said on the call, we’re seeing very good progress on the seven-nanometer team. they’re executing now. We’re very confident of the changes that we made on that, right, and the move to really embrace EUV, and since we’ve done that, we’ve just seen superb execution. And as I said, in the Unleashed event, we expect to move to a yearly cadence or better for our process technology. And we’re going to be laying that path out very clearly. We’re excited about our team’s ability to get us back to process parity and ultimately to sustain leadership yet again.
"And we’re going to be laying that path out very clearly. (Hope nobody notices I didn't answer the question and didn't lay the path out clearly at all.)"So, nothing really. Everything is 'superb', yet we are provided no evidence. SMH.
"And we’re going to be laying that path out very clearly. (Hope nobody notices I didn't answer the question and didn't lay the path out clearly at all.)"
Ian on twitter pointed out that some of the answers raised more questions than they actually answered:
If AMD announces another blowout quarter next week on server sales then you know the Intel excuse of "cloud digestion" is total BS. And you still cannot buy a Icelake SP setup at Super Micro, so earnings call blabber about the ICL server ramp being "superb" is yet more BS.
The analysts on the call lobbed softball questions at the new CEO to not sabotage relationships right away. No hard questions on 7nm, ASP falling off a cliff, etc. Too bad.
So, nothing really. Everything is 'superb', yet we are provided no evidence. SMH.
If they are doing chiplets, there's a lot they can get away with if the chiplets are tiny. Like say you had one 40 mm2 7 nm CPU chiplet and the rest of the product was on 14 or 10 or TSMC or whatever.