Intel says its 7nm transition is running 12 months behind expectations

Though Intel reported solid second-quarter revenue while weathering the pandemic, the company’s outlook appears to be much more grim. Intel said it was delaying its next-generation 7nm transition, pushing it out a full year behind the company’s internal target. The delay will be six months behind its prior forecast, the company said.

Intel’s second-quarter results were very much a mixed bag. The company said in a press release that it is accelerating its transition to 10nm chips, with the upcoming Tiger Lake chip “launching soon,� and a 10nm-based “Ice Lake� chip designed for servers planned before the end of the year. But Intel also said it won’t deliver a 10nm desktop CPU until the second half of 2021.

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