Intel grew revenues in Q2 2020, but key manufacturing upgrade delayed
20% YoY Revenue increase, 43% YoY Growth in Datacenter Segment. 76% Growth in Non-Volatile Memory solution, <i>another</i> 7% YoY growth in Client Side computing.<p>This is truly amazing results.<p>I get stabbed over at Anandtech every time I made an argument <i>for</i> Intel as an AMD investor. The Internet is full of Intel bashing comments but reality is Intel has been making record revenue quarter after quarter.<p>For the not so good part.<p>><i>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.</i><p>The most important bit is that last part, <i>12 months behind Internal target</i>. To put this into perspective.<p>Intel original 7nm, ( on the assumption it is still the same 7nm because Intel has already changed their 10nm spec) was suppose to be slightly better than TSMC 5nm+, but not as good as TSMC' 3nm. ( In terms of transistor density, by no means it is the only metric it should be judged on ). It was scheduled for 2019, pushed to 2020 then 2H 2021, and are now looking at 1H 2022, which means in terms of consumer getting their hands on it, it would be more like 2H 2022 assuming no further delay.<p>Given TSMC has never missed a beat in their execution and has iPhone SoC production. It is highly likely by the end of Calendar year 2022, TSMC would have shipped more 3nm Wafer than Intel's 7nm for the whole year.<p>I am waiting to see AMD's results.