City
Epaper

Intel Meteor Lake chip delayed to 2024, TSMC slows 3nm expansion: Report

By IANS | Updated: August 6, 2022 12:50 IST

New Delhi, Aug 6 The mass production of chip-maker Intels next big flagship processor Meteor Lake is expected ...

Open in App

New Delhi, Aug 6 The mass production of chip-maker Intels next big flagship processor Meteor Lake is expected to be delayed until 2024, a report has said.

According to TrendForce research, Intel plans to outsource the tGPU chipset in Meteor Lake to Taiwan Semiconductor Manufacturing Company (TSMC) for manufacture.

"Mass production of this product was initially planned for 2H22 but was later postponed to 1H23 due to product design and process verification issues," the report mentioned.

Recently, the product's mass production schedule has been postponed again to the end of 2023 for some reason, "completely cancelling 3nm production capacity originally booked in 2023 with only a marginal amount of wafer input remaining for engineering verification".

Intel said earlier this year that Meteor Lake would be "powering on" this summer before shipping in 2023.

This incident has "greatly affected TSMC's production expansion plan, resulting in Apple being the one company among the first wave of 3nm process clients from 2H22 to the start 2023 with products including M series chips and A17 Bionic", the report mentioned.

In view of this, TSMC has decided to slow the progress of its production expansion.

In addition to formally notifying equipment suppliers of the company's intention to adjust 2023 equipment orders, due to the high cost of 3nm expansion, TrendForce expects that this move will also affect some parts of TSMC's 2023 CapEx planning.

Apple's new 2024 iPhone is expected to fully adopt 3nm processors.

"If Intel 4 fails to mass-produce as scheduled, Intel may outsource its computing tiles to TSMC, strongly driving growth in 2024," it added.

Intel suffered a 25 per cent decline in consumer chip sales in the second quarter, along with revenue of $15.3 billion, down 22 per cent year over year (YoY).

Its profits nosedived as it lost half a billion dollars in the April-June period a 109 per cent decline in profit from $5.1 billion it saw in Q2 last year.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: TrendforceIntel
Open in App

Related Stories

TechnologyIntel Layoffs: US Chipmaker to Cut Over 5,000 Jobs Across Multiple US States, Including Oregon and California

TechnologyTech Layoffs in July 2024: Microsoft, Intel, Dyson Among Others Sack Over 1 Lakh Employees

TechnologyIntel Layoffs: US Leading Chipmaker to Cut 18,000 Jobs to Reduce $20 Billion in Costs

Navi MumbaiFormer Intel's Director Avtar Saini Killed in Tragic Accident in Navi Mumbai

TechnologyIntel announces over 100 job cuts in the US to reduce costs

Technology Realted Stories

TechnologyCommerce Secretary Rajesh Agrawal holds talks on India–Eurasian FTA in Moscow

TechnologyIndia’s youthful energy and Korea’s technology a win-win combination: Hardeep Puri

TechnologyEight of India’s top 10 firms add over Rs 2 lakh crore in value last week

TechnologyServices PMI, foreign reserve, infra output data to drive market sentiment next week

TechnologyBihar poll results: Stock markets to react positively, say analysts