Latest news with #IntelVision2025
Yahoo
23-04-2025
- Business
- Yahoo
Intel to report Q1 earnings, its first since appointing Tan as latest CEO
Intel (INTC) will report its first quarter earnings on Thursday, the company's first since Lip-Bu Tan took the reins of the ailing chip giant last month. Intel isn't just dealing with bringing on a new CEO amid a massive turnaround, though. Like the rest of the tech industry, it's also girding itself for the potential impact of President Trump's trade war with China. While Intel produces the bulk of its chips in the US, it is still susceptible to tariffs on laptops and other systems built in China. And while laptops and other computers are exempt from tariffs for now, the Trump administration has said that it plans to reintroduce duties on those devices when it launches tariffs on semiconductors in the coming weeks and months. Intel stock is down more than 2% year to date and 43% over the past 12 months. For the first quarter, Intel is expected to report adjusted earnings per share (EPS) of $0.01 on revenue of $12.3 billion, according to Bloomberg consensus estimates. That's down from the $0.18 per share and $12.7 billion Intel reported in the same period last year. Analysts expect Intel to report client computing revenue of $6.9 billion, down from $7.5 billion in Q1 2024, with both laptop and computer chip sales declining year over year. But Intel could benefit from pull forward of laptop and desktop sales as customers scrambled to get in their purchases ahead of Trump's April 2 "Liberation Day" tariff announcements, according to Bernstein analyst Stacy Rasgon. But that could hurt the company in the back half of the year. "For Intel we adjust estimates, putting in a bit of client-related upside in the 1H to reflect potential for pull-forward / channel fill in the wake of tariff dynamics, but now followed by a 2H channel flush; we also take our 2025 PC growth assumptions from [low single-digits] to flat [year-over-year]," he wrote in a note to investors. Read more: The latest news and updates on Trump's tariffs Data center and AI segment revenue is anticipated to top out at $2.9 billion, down from $3.0 billion. Intel Foundry is set to come in at $4.3 billion, just off last year's $4.36 billion in revenue. During his first public comments as CEO at Intel Vision 2025, Tan laid out his plans for the company while acknowledging the weight of the task ahead of him. "For quite a long time, we fell behind on innovation. As a result, we have been too slow to adapt and to meet your needs. You deserve better, and we need to improve. And we will," Tan said during the event. Wall Street is waiting for some kind of news about how the newly appointed CEO will move forward with Intel's third-party foundry business. Analysts have called for everything from getting the company out of the chip manufacturing business to backing away from its attempt to turn into a third-party chip maker akin to TSMC. Earlier this month, the Information reported that Intel and TSMC reached a preliminary agreement that would see the two companies form a joint venture to operate Intel's chip fabrication facilities. Email Daniel Howley at dhowley@ Follow him on Twitter at @DanielHowley. Sign in to access your portfolio
Yahoo
05-04-2025
- Business
- Yahoo
Intel Goes Inside Out With Brand Refresh
Intel is enjoying a much-needed jolt of adrenaline right now. New CEO Lip-Bu Tan arrived on the scene with a fresh vision and a message emphasizing what is arguably one of Intel's greatest assets: its engineering talent. Now the company is launching a rebrand with a 'our genius helps you amplify your genius' message in the form of its Superpower ad. Although reviewing advertising is not normally our line of work, we can't help but note that Superpower gives the viewer a nice little kick of inspiration. It doesn't hurt to have a reminder that we're capable of ingenuity, and the emphasis on people feels right in the moment. The tagline powering Intel's brand refresh is "That's the power of Intel Inside." Unless you've been living under a rock (but especially if you watched TV in the '90s), you'll recognize the line as a nod to the Intel Inside campaign. The new take hinges on the idea that 'Intel ignites the greatness within,' according to Intel CMO Brett Hannath. What's not clear yet is how much effort (and, importantly, money) Intel will put into its brand refresh. Intel dialed back its Intel Inside marketing efforts several years ago, when it curtailed a program of matching OEM's advertising dollars. Those deals could sometimes see OEMs getting $10 added to every $1 they spent. Will Intel start rolling out the advertising matches in a big way? Or is this more of a brand touch-up than a brand refresh? Intel is flooding the zone with news from its Intel Vision 2025 event in Las Vegas, so we'll have to see if "That's the power of Intel Inside" gets much love down the road. Intel Vision 2025 Credit: Intel Speaking of Intel's new look, Lip-Bu Tan took the stage at Intel Vision 2025 to promote his vision for the company. While focusing on the company's engineering roots and working on the culture are on his list, Lip-Bu Tan also focused on Intel's customers. 'We will listen closely and act on your input,' the CEO said at the Intel Vision 2025 keynote. 'Most importantly, we will create products that solve your problems and drive your success.' One of those products is nearing mass production. With the 18A node hitting the risk production milestone, Intel appears on track to ramp up production in the second half of 2025 and deliver Panther Lake SoCs in 2026. The success of 18A seems likely to impact the future of Intel's foundry business.
Forbes
04-04-2025
- Business
- Forbes
Intel Vision 2025: CEO Lip-Bu Tan Charts A New Course For Execution
Intel CEO Lip Bu Tan On Stage At The Company's Vision 2025 Conference In Las Vegas At Intel Vision 2025, newly appointed CEO Lip-Bu Tan took the stage to outline his plans for Intel's future. Beyond covering his successful industry tenure, for those who weren't familiar with him, his keynote emphasized a similar strategy of his predecessor, marked by an engineering-first culture, but with customer-centric innovation, and a streamlined organizational structure aimed at one day reclaiming Intel's leadership in the semiconductor industry. In his address, Tan underscored the need to foster a culture that prioritizes engineering excellence and innovation. He acknowledged Intel's recent shortcomings and emphasized the need for a 'startup mentality' to drive the company forward. Previously, Tan has played a pivotal role in the venture capital landscape. For example, he invested in Annapurna Labs, which was later acquired by Amazon and became integral to Amazon's in-house chip division. He also was an investor in Nuvia, which was later acquired by Qualcomm, and now the IP and technology borne from that acquisition is fueling significant new revenue opportunities for the company with Snapdragon X based Windows Copilot+ PCs. With these success stories on his resume, along with his successful tenure at Cadence Design Systems, it's clear that Tan's intent is to get back to what made Intel great: listening to customers, solving real-world problems, and putting engineering first. With this approach, Lip Bu noted that he aims to empower engineers with greater autonomy, reduce bureaucratic obstacles, and accelerate the development of cutting-edge technologies. He underscored a plan to meet with top architects and engineers first, to get a sense of specific obstacles and opportunities. However, I also got the sense he would be leveraging his extensive rolodex of engineering talent cultivated from his time at Cadence Design Systems as a critical technology enabler and partner. Recognizing the importance of customer input, Tan also called for transparent and candid communication with Intel's customer base. He invited customers to provide "brutally honest" feedback to help Intel better meet their needs and expectations. This initiative will reflect Intel's commitment to aligning its product development closely with customer requirements, in an effort to ensure that future offerings are class-leading, relevant and competitive. If there were two words that defined Lip Bu Tan's Vision keynote for me, those would be humble and pragmatic, which is likely just about right for the company right now. Tan also outlined plans to streamline Intel's operations by divesting non-core businesses and concentrating resources on areas where the company can excel. He noted that Intel will focus on its core technologies and expand them as well, while freeing up non-core business. I'd also imagine that, with Tan's start-up mindset, key acquisitions and partnerships will also likely be part of his playbook. That said, this strategic focus also includes advancing Intel's foundry capabilities and developing purpose-built silicon solutions, tailored to top growth applications and markets. With all the chatter about splitting up Intel Products and Foundry, this was welcomed assurance, so we can put that notion to bed now. A key component of Intel's strategy involves bolstering its foundry services to offer flexible, resilient, and secure supply chains for customers. Tan highlighted the importance of process technology improvements and clear paths forward to meeting customer needs. The company is maniacally committed to advancing its 18A process technology (considered a direct competitor to TSMC N2), with high-volume production expected in the second half of this year, aiming to provide competitive manufacturing solutions in the semiconductor industry, and not just for Intel as an internal customer. Intel CEO Of Products, Michelle Johnston Holthaus Discusses The Company's Client And Data Center ... More Strategies Intel's product roadmap is going to be recalibrated to deliver AI performance across the full stack—from the client to the cloud. As CEO of Intel Products, Michelle Johnston Holthaus (known as MJ in the company) laid out a clear message at Vision 2025: the company's future hinges on cohesive platform design and execution, not just one-off hardware wins—especially under the 'software 2.0' philosophy underscored by CEO Lip-Bu Tan, which aims to design products with an application workload focus, first. Panther Lake, launching in early 2026 (but sampling to Intel's OEM partners later this year), is Intel's next-gen PC client platform built with AI-native compute in mind. It reflects the company's shift toward integrating inference engines like NPUs into end-user systems, whether in business, workstation, creative, or consumer environments. Panther Lake will also serve as a flagship for Intel's performance-per-watt improvements with new CPU and GPU core architectures onboard, and it's a pipe cleaner of sorts for the company's 18A chip process technology as well. In conversation with Intel GM Intel Client Computing Group, Jim Johnson, he told me that the company is very confident in its 18A fab process node and Panther Lake is looking 'really good,' on it, to the extent that 18A is reaching milestones earlier than expected and is 'risk production' ready. "Risk production, while it sounds scary, is actually an industry standard terminology, and the importance of risk production is we've gotten the technology to a point where we're freezing it… and our customers have validated it,' noted Intel's Kevin O'Buckley, SVP of Intel Foundry. Again, this is a critical milestone that indicates that the fab process is ready for testing its manufacturability in the mass production of tens of thousands or even hundreds of thousands of thousands of chips. Jim Johnson, Intel General Manager, Client Computing Group On Stage At Vision 2025 On a side note, I must admit, client chief Johnson's energy and enthusiasm over his team, his products and execution plan is infectious. Jim is clearly a charismatic leader of one of the best executive teams within Intel right now (Intel's Client Computing Group), along with other great executives like Dan Rogers, Robert Hallock and Josh Newman. Together, they make up a true A-team, so to speak, for Intel CCG. On the data center side, Intel is moving aggressively to strengthen its position in cloud-native and AI-driven compute. Intel's latest Xeon platforms, including high core count Sierra Forest Xeon 6 CPUs and high-performance Granite Rapids Xeon 6 CPUs, have begun to close the core density per socket gap between rival AMD chips and are optimized for hyperscale environments, offering higher core counts, improved memory bandwidth, and better energy efficiency than Intel's previous generation. These advancements are aimed at meeting the needs of hyperscalers, cloud datacenters and enterprise customers under pressure to balance compute power with power and cost budgets. At the same time, Gaudi 3, Intel's AI accelerator line, is gaining traction as a lower-cost, alternative in AI inference. Designed to run popular frameworks without the constraints of proprietary ecosystems, Gaudi is positioned to appeal to developers looking for flexibility, performance, and scalability. During the event, IBM and Intel announced the general availability of Intel Gaudi 3 AI accelerators on IBM Cloud. This collaboration aims to provide enterprises with cost-effective, high-performance infrastructure to efficiently scale and deploy AI services. Intel Gaudi 3 AI accelerators are currently accessible in IBM Cloud regions located in Frankfurt Germany and Washington, D.C., with plans to extend availability to IBM's Dallas, TX data centers in the second quarter of 2025. Together, Lunar Lake, Panther Lake, the Xeon 6 family, and Gaudi 3 form the backbone of Intel's core CPU and AI accelerator product strategy. Beyond product and process, Lip Bu Tan also emphasized the need for cultural transformation within Intel. He advocated for a team-oriented approach that encourages innovation, reduces bureaucracy, and attracts top engineering talent. This cultural shift is intended to position Intel as a dynamic and responsive player in the tech industry. By fostering an environment that values agility and customer focus, Intel is aiming to reinvigorate its workforce and drive meaningful advancements. Christoph Schell, Intel Chief Commercial Officer The various keynotes and announcements at Intel Vision 2025 outlined a comprehensive strategy aimed at revitalizing the company's position in the semiconductor industry. By emphasizing engineering excellence, customer collaboration, streamlined operations, and targeted product innovation, Intel seeks to address past challenges and capitalize on emerging opportunities, like agentic and physical AI. The market's (and my own) response remains cautiously optimistic. While Intel's stock has seen a modest uptick following Tan's appointment, the company's turnaround will require time and consistent execution. The kind of time that Tan's predecessor, Pat Gelsinger, did not have apparently. Regardless, the focus on cultural change, talent acquisition, and customer-centric innovation is a net positive in my view. However, the effectiveness of these initiatives will be measured by Intel's ability to deliver tangible results in the months and years ahead, starting with Panther Lake and Intel Foundry's 18A chip process node. Panther Lake and 18A's execution and potential success will be pivotal milestones that could very well mark an inflection point and the beginning of a recovery for Intel. There will be a lot riding on these specific outcomes. As Intel embarks on this transformative journey under Tan's new leadership, the industry will be watching closely to see how these strategy updates translate into market performance and technology advancements. As we approach the later quarters of 2025, break out the popcorn because things should get even more interesting for Intel.
Yahoo
04-04-2025
- Business
- Yahoo
Intel CEO Lip-Bu Tan Urges Radical Culture Shift, Innovation Focus
Intel Corp. (INTC, Financials) Chief Executive Officer Lip-Bu Tan said the company must move quickly to fix its innovation shortfalls and internal inefficiencies, calling on customers to provide direct and critical feedback to help restore trust. Warning! GuruFocus has detected 7 Warning Signs with INTC. Tan admitted that the company hasn't done well when he spoke at the Intel Vision 2025 event, which was his first public appearance since taking on the job. We fell behind on innovation, he said, according to multiple media reports. We have been too slow to adapt and meet your needs. He asked customers to be brutally honest in their feedback, stating that harsh criticism is essential for course correction. Tan said that in the first few weeks of his job, he met with customers and business partners who made it clear to him that Intel had not lived up to standards. He promised to hire and keep the best engineers to fix mistakes made in the past and restore listed several goals for moving Intel, such as boosting the company's work in client computing, growing its group of independent software providers and AI tools, and improving the services it provides for data centers. He also said that Intel's internal culture needs to be changed to get rid of too much red tape, which he said stops new ideas from coming CEO will also pay attention to Intel's foundry business and plan to work closely with it to improve its strategy and find new ways to make money. Tan said that the company's 18A process node, which is a new way to make semiconductors, is still on track. The company thinks that the first external tape-outs will start soon, and that Panther Lake client processors will be mass-produced in the second half of Gelsinger was replaced as CEO by Tan. He took over at a time when companies like Advanced Micro Devices (AMD, Financials), Nvidia Corp. (NVDA, Financials), and Taiwan Semiconductor Manufacturing Co. (TSM, Financials) are putting pressure on Intel to do well. The change in leadership comes as companies try to get back on track with chip creation and production after years of delays and mistakes. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
04-04-2025
- Business
- Yahoo
Intel promises its next-gen Pather Lake laptop CPU will have the 'efficiency of Lunar Lake and the performance of Arrow Lake' and is on track for 2026
When you buy through links on our articles, Future and its syndication partners may earn a commission. After new CEO Lip-Bu Tan presented his bonafides to the Intel Vision 2025 audience yesterday comes some product news from the event. Well, just about. In truth, there was no major product bomb, but Intel did confirm that it's next-gen Panther Lake CPU was on track to go into production later this year with availability seemingly pencilled in for 2026. Jim Johnson, Intel's head of client computing, told the assembled Intel Vision 2025 throng that Panther Lake, "combines the power efficiency of Lunar Lake, the performance of Arrow Lake, and it's built to scale 18A and it's on track for production later this year." Just to break that down a little, Lunar Lake is Intel's low-power chip for laptops, which has on-package memory and relatively limited core counts and configurations, while Arrow Lake is the mobile version of Intel's current desktop CPU architecture and scales up to higher core counts than Lunar Lake. Both are mostly manufactured by TSMC rather than Intel's fabs. Lunar Lake has particularly impressed with its power efficiency, so a high-performance CPU that can deliver similar battery life to Lunar Lake would be pretty sweet, that's for sure. As for the "production later this year" bit, the screen behind Johnson on the keynote stage clearly labelled Panther Lake as a 2026 product. So, that likely reflects the lag between production start and actual availability. In other words, it will take some time from the initiation of manufacturing wafers with Panther Lake CPU dies to package them into functional chips and ship them out to laptop makers before actual systems with Panther Lake are available to buy. That Panther Lake is slated as a 2026 CPU implies that production will probably start quite late in 2025, therefore pushing actual availability into 2026. This all represents a delay of around a year given Intel originally said 18A was set for production at the end of 2024. Of course, there was supposed to be a 20A node before 18A, but that was entirely cancelled last year. And if you're wondering why 18A is late, well, there have been reports of bad yields but what's absolutely for sure is that it's an ambitious node that doesn't just dramatically improve Intel's transistor density, it also debuts key new technologies such as backside power, which is arguably as significant as the node's improvements in transistor density. In that regard, 18A reminiscent of Intel's notorious 10nm node and not in a good way. 10nm was also highly ambitious, ended up arriving at least five years late and was indeed the node that got Intel's fab into the trouble from which they've since struggled to emerge. Thus, and as we've said on countless occasions in the last few years, the wait continues for Intel's undeniable return to technology leadership. Will Intel 18A really go into production later this year? How competitive will it be with TSMC's current N3 nodes let alone its imminent N2 nodes? Eventually, we'll have some answers. Best CPU for gaming: Top chips from Intel and gaming motherboard: The right graphics card: Your perfect pixel-pusher SSD for gaming: Get into the game first.
