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Intel announced today in its Q2 2020 earnings release that it has now delayed the rollout of its 7nm CPUs by six months relative to its previously-planned release date. Intel's press release also says that yields for its 7nm process are now twelve months behind the company's internal targets, meaning the company isn't currently capable of producing its 7nm process in an economically viable way. The company now says its 7nm process will not debut on the market until late 2022 or early 2023.

Here's the snippet from Intel's press release:
"The company's 7nm-based CPU product timing is shifting approximately six months relative to prior expectations. The primary driver is the yield of Intel's 7nm process, which based on recent data, is now trending approximately twelve months behind the company's internal target."

On the earnings call, Intel CEO Bob Swan said the company had identified a "defect mode" in its 7nm process and has invested in "contingency plans," which Swan later defined as using third-party foundries. The company will also use external third-party foundries as a contingency plan for its forthcoming Ponte Vecchio GPUs. Intel also says that its first 10nm desktop CPUs, Alder Lake, will arrive in the second half of 2021.
 

CyberTech

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Dr. Venkata (Murthy) Renduchintala’s last day will be August 3rd

The executive in charge of almost all of Intel’s hardware, chief engineering officer Dr. Venkata (Murthy) Renduchintala, is leaving the company on August 3rd, Intel announced on Monday.

His departure comes on the heels of Intel’s announcement that its next-gen 7nm chips are delayed until at least 2022, and after years of delays for the company’s 10nm processors as well, which bottlenecked advancements for much of the laptop industry. Intel did not cite a specific reason for Renduchintala’s departure.
 

CyberTech

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Intel facing class-action lawsuit over 7nm delay
Why it matters: Intel's year isn't getting any better after revealing its 7nm process would be delayed by six months, knocking around 16 percent off its share price and wiping $43 billion off the company's market cap. Now, Chipzilla is facing a class-action lawsuit for investors fraud.

Intel's revenue was up 20 percent in its Q2 2020 earnings report, but its 7nm processors have been delayed by at least six months because production has fallen a year behind. The subsequent decline in share price resulted in AMD's stock jumping above its rival's for the first time in around 15 years.

On Friday, the Hagens Berman law firm put out a call to Intel investors who suffered significant losses to contact the company for a possible class-action suit. It also seeks people who may be able to assist in its investigation of possible securities fraud.
 

cruelsister

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Intel's Chief Engineering Officer resigned (was fired) from the company this morning because of this delay. But the inability to move to the 7nm process shouldn't come as a surprise since they have been delaying the move from 14nm to 10nm for over 2 years now! In spite of all the cash in the world they can't figure out what TSM (Taiwan Semiconductor) and Samsung have known for quite a while.

(Secret Stuff- Intel is now scrambling to acquire wafers for the CPU as both Apple and AMD are eating up available supply. United Microelectronics (UMC) just bought manufacturing equipment from Applied Materials to meet a large order from an undisclosed (hint, hint) company. Seems that TSM is telling Intel to beat sand).

(Even more Secret Stuff- AMD's new Ryzen CPU are on the 7nm process. But as Lisa Su (CEO) knows what she is doing, it seems that the Ryzen 4 CPU's- expected release in 3rd quarter 2021- will be on TSM's 5nm process).
 

Stopspying

Level 10
I used to like AMD processors when I was more into building from scratch 20 years ago or so, sadly there isn't one of theirs in the house at the moment though. I've still got a soft spot for them, if that is possible with bits of hardware! Maybe we'll see AMD back here, their Ryzen series seems to have been very good so far.

ooppss this is an Intel thread, I'll name check them then and note that aside from phones all the computers here have Intel CPUs.

Edit - clarification - 'Intel CPUs'
 
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