Intel's Financial Report to Unveil if Supply Chain Issues Hamper AI Ambitions

Deep News00:21

Investors in Intel will focus on Thursday on the company's progress in addressing supply chain problems. These issues have constrained its ability to expand chip production capacity, making it difficult to meet growing demand driven by corporate adoption of artificial intelligence-related services.

Intel has previously warned that supply constraints for its server chips would be most severe in the first quarter, with some relief expected in the second quarter. These server chips are often paired with graphics processors produced by companies such as NVIDIA.

Data from London Stock Exchange Group indicates that Intel's first-quarter revenue is projected to decline by 1.9% to $12.42 billion. Adjusted earnings per share are forecast to plunge by nearly 90%.

Revenue from the company's Data Center and AI business segment is expected to grow by 6.8% to $4.41 billion.

Earlier this month, Intel expanded its collaboration with Google in the field of artificial intelligence central processing units and joined Elon Musk's Terafab AI chip manufacturing project to participate in processor production.

Jacob Byrne, an analyst at market research firm eMarketer, stated, "Rising demand for central processing units in AI data centers provides Intel with a more stable revenue pillar, reducing its reliance on the cyclical personal computer consumer market."

Investors will also closely monitor the yield rate of Intel's 18A manufacturing process, which refers to the number of usable chips produced per silicon wafer.

Ryuta Makino, an analyst at Gabriele Fund, which invests in Intel, commented, "For Intel to achieve a significant breakthrough in this area, the improvement in its 18A process yield must... exceed market expectations."

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