Swan dive: Intel shares dip under interim CEO Bob as 10nm processor woes worry Wall Street

Swan dive: Intel shares dip under interim CEO Bob as 10nm processor woes worry Wall Street

5 years ago
Anonymous $RBasgWKaIV

https://www.theregister.co.uk/2018/07/27/intel_q2_2018_10nm/

Despite record-breaking earnings, Intel's shares took a modest dip on Thursday when the semiconductor behemoth reveal its financial results for the second quarter of this year.

Revenues for the three months to June 30 rose strongly, year on year, and profits were up 78 per cent. However, it's clear that the markets are concerned about the continuing problems Chipzilla is having getting its 10nm production processes up and running. Intel has now confirmed that the first 10nm chips for PCs won’t be out in volume until the second half of next year and server products will take even longer. It previously hoped to get the parts out, in volume, sometime within 2019.