Intel announced today in its Q2 2020 earnings release that it has now delayed the rollout of its 7nm CPUs by six months relative to its previously-planned release date. Intel's press release also says that yields for its 7nm process are now twelve months behind the company's internal targets, meaning the company isn't currently capable of producing its 7nm process in an economically viable way.
Watch the stock speculators go Intel bankruptcy rumors soon now. Intel is rip to be manipulated by the so-called stock manipulators on the internet that make money by making rumors. Usually they target companies who have known internal issues and even if they know nothing, they appear like insiders.
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Wow. Intel really did not need this. Are they trying to take density too far or is it really entirely due to a breakdown of management and culture? We have seen hints of management culture issues at Intel for a while now but at this point their 7nm better be great once they get it working or Intel is going to be in (more) trouble.
Maximizing short term profits is the enemy of long term quality. Once your management is thinking at most one year ahead basic development suffers. It is hard to fix too, once you have middle management thinking short term for a while getting the culture to think long term again takes a lot of effort and organizational shakeup.
Yikes. Who would have thought Intel would be here several years ago. It seems competition and rampant management and culture issues within Intel are catching up to them and their relative short-term thinking with regards to what they were doing and putting out during the last decade.