Intel's second quarter earnings statement held in the first quarter announced a profit of 4.5 billion U.S. dollars, a surplus of 0.93 U.S. dollars per share, better than the analyst's original estimate of 0.71 U.S. dollars, and raised the annual revenue and profit forecast, indicating data centers and Personal computer chip demand is booming.
In the first quarter of Intel, PC chip revenues rose 3 % to $8.2 billion, data centers grew 24 % to $5.2 billion, memory chips grew 20 %, and the Internet of things grew 17 %. Intel raised its annual revenue forecast to 66.5-68 .5 billion U.S. dollars, and optimistic that the new demand for artificial intelligence applications will drive data center chip performance.
According to foreign news reports, Intel's press release after the French Parliament stated that it is optimizing the 14nm process and innovating the data center and the client products to be launched this year, but only a small amount of 10nm products are currently shipped. It is expected that the large production time point will be postponed to 2019.
The foreign report pointed out that Intel's Ceokezaiqi admitted in the earnings conference call that the 10nm process technology deviated from its normal range.
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