Intel reported its second-quarter (Q2) 2021 financial results last night. Revenue-wise, Team Blue hasn't seen much change in its situation compared to last year's Q2 results. Worrying for Intel is the fact that its data center group (
DCG) revenue has been reduced by 9%, probably due to the excellent performance offered by
AMD's EPYC server CPUs. The non-GAAP earnings per share overall though have improved by 12%. For those interested, you can find the full earnings report
here. Aside from that, the company also had some positive news to share regarding its long-delayed 10nm FinFET process. Pat Gelsinger, the new CEO of Intel has stated the company is "now manufacturing more 10-nanometer wafers than 14-nanometer" Here's his full statement from a call transcript (via
Seeking Alpha):
Under
IDM 2.0, our factory network continues to deliver and we are now manufacturing more 10-nanometer wafers than 14-nanometer. As 10-nanometer volumes ramp, economics are improving with 10-nanometer wafer cost 45% lower year-over-year with more to come.