GELSINGER
Patrick

Powerful chips and 5G modems Intel unveiled its most powerful Tiger Lake-U chips and 5G modem for laptops at the Computex 2021 digital show on Monday, but said it would take several years to solve the chip shortage. Intel (INTC) is on the one hand experiencing an increase in demand for its PC chips as sales of leading notebook makers rise, while on the other hand chip shortages are limiting supply. Construction of new Intel semiconductor plants will take several years. On Monday during the Computex 2021 digital show, Intel unveiled its highest-performing quad-core processors in the Tiger Lake-U family: the Core i7-1195G7 and Core i5-1155G7, which include the Intel Iris Xe graphics accelerator. Intel said these chips will be available in more than 60 devices by the end of this year, particularly in Acer, ASUS, Lenovo and MSI laptops. In addition, during the show, Intel announced the 5G Solution 5000 modem in M.2 card format, which the company has been developing with MediaTek. The device is compatible with 5G NR global cellular networks operating in the frequency range below 6 GHz. Reporting Q1 2021 financial results Intel said its PC processor sales rose to $10.6 billion, with Gelsinger saying it saw no sign of a decline in PC demand. Recent reports from the top three PC and notebook makers (accounting for about 63% of the PC market): Lenovo, HP (HPQ) and Dell Technologies (DELL) confirm this. The reports from these companies showed significantly higher sales of laptops and desktops than market experts had expected. The problem of a global chip shortage could take several years Executives at both Lenovo, HP and Dell confirmed that it is difficult to get hold of computer components, with Lenovo expecting shortages to last 12 to 18 months. Speaking at the show, Intel CEO Pat Gelsinger confirmed that the chip shortage problem could last for several years, affecting automakers as well as appliance manufacturers and the technology industry as a whole. Pat said: "While the industry has taken steps to address short-term limitations, the ecosystem may take several years to address the shortage of foundry capacity, substrates and components".

Intel beat Wall Street expectations Intel's Q4 financial report was better than Wall Street estimates thanks to strong PC sales growth, but the forecast for Q1 2021 suggests a decline from last year's figure. Intel's (INTC) Q4 financial report was released shortly before market close on Thursday, with Intel's share price closing up 6.46% but down 4.4% after the close. Investors got a controversial update on the results and plans for Intel, which will get a new CEO in February. Intel shares have risen 17.4% since 12 January after it was announced that Patrick Gelsinger would replace Robert Swan as the company's CEO. Gelsinger was the CEO of VMware (VMW) and previously worked at Intel for 30 years. Predictions from Intel In December, hedge fund activist Third Point and its CEO Daniel Loeb urged Intel's board to explore strategic alternatives for the company as Intel continues to lose market share to rivals. Competitors such as AMD (AMD) are using Asian TSMC factories, whose technology is ahead of Intel, to manufacture their chips. The 5-nanometre process they use is better than Intel's 14-nanometre or 10-nanometre manufacturing process because the smaller the process, the better more transistors can fit on the same chip, which increases power and efficiency and allows for higher-quality processors. Intel plans to outsource production of some of its chips, but does not plan to do away with its own manufacturing entirely. Commenting on the report, Patrick Gelsinger said: "I am pleased with the progress that has been made with respect to rebuilding the 7-nanometer program. I am confident that most of our products will be manufactured domestically by 2023". Last Monday, Intel announced four new processor lines for PCs and mobile devices. In addition, the company said it will ramp up production of its advanced server processors in the first quarter and that its new graphics processors will be manufactured by TSMC.

National Technology Day, celebrated annually on January 6th, highlights the profound impact of technology on modern life. This day is dedicated to rec ..