Worse than even Wall Street predicted
Intel reported that its second-quarter revenues and profits were below what the cocaine nose jobs of Wall Street predicted.
Chipzilla boss [Kicking] Pat Gelsinger said that while the chip shortage is starting to improve, it will likely continue for at least another 18 months.
A TSMC boss has warned that the chip shortage is unlikely to ease up for years.
Stable until 2025
Intel expects its profit margin to drop this year and then be steady for several years as it invests in new technologies and factories to meet rising chip demand.
Gelsinger appears to be viewing the world through rose-coloured glasses
Changes at Intel are not wowing asset management outfit O'Keefe Stevens Advisory which accused Kicking Pat Gelsinger of seeing the world through rose-coloured glasses.
Results have Wall Street wondering
Intel recorded some rather good results on Wednesday, but the cocaine nose jobs of Wall Street were less than impressed.
Total cost $100 billion
Intel’s $100 billion Ohio chip plant could be the world's largest.
Gelsinger awaits your cheque
Chipzilla Chief Executive Officer [kicking] Pat Gelsinger urged the US and Europe to push ahead with efforts to bring back chip manufacturing which means basically giving chip makers large subsidies to set up shop.
Chipzilla boss chief Pat [kicking] Gelsinger has reiterated the global chip shortage is set to continue into 2023.
Will gain market lead lost to TSMC
Research teams at Intel unveiled work that the company believes will help it keep speeding up and shrinking computing chips over the next ten years, with several technologies aimed at stacking parts of chips on top of each other.