1. Intel posts a disastrous Q2 2024 earnings report, losing $1.6 billion. 2. The company lays off over 15% of its global workforce. 3. Intel's stock drops by over 30% in 24 hours following the earnings report.

Coming out of the dark times that preceded the launch of AMD's Zen CPU architecture in 2017, to say that AMD has turned things around on the back of Zen would be an understatement.  Ever since AMD launched its first Zen-based Ryzen and EPYC processors for client and server computers, it has been consistently gaining x86 market share, growing from a bit player to a respectable rival to Intel (and all at Intel's expense). The first quarter of this year was no exception, according to Mercury Research, as the company achieved record high unit shares on x86 desktop and x86 server CPU markets due to success of its Ryzen 8000-series client products and 4th Generation EPYC processors. "Mercury noted in their first quarter report that AMD gained significant server and client revenue share driven by growing demand for 4th Gen EPYC and Ryzen 8000 series processors," a statement by AMD reads. Desktop PCs: AMD Achieves Highest Share in More Than a Decade  Desktops, particularly DIY desktops, have always been AMD's strongest market. After the company launched its Ryzen processors in 2017, it doubled its presence in desktops in just three years. But in the recent years the company had to prioritize production of more expensive CPUs for datacenters, which lead to some erosion of its desktop and mobile market shares. As the company secrued more capacity at TSMC, it started to gradually increase production of desktop processors. In Q4 last year it introduced its Zen 4-based Ryzen 8000/Ryzen 8000 Pro processors for mainstream desktops, which appeared to be pretty popular with PC makers. As a result of this and other factors, AMD increased unit sales of its desktop CPUs by 4.7% year-over-year in Q1 2024 and its market share achieved 23.9%, which is the highest desktop CPU market share the company commanded in over a decade. Interestingly, AMD does not attribute its success on the desktop front to any particular product or product family, which implies that there are multiple factors

The US chip production capacity is expected to triple from 2022 to 2032 from the enactment of the CHIPS and Science Act, but extending current support and considering additional measures was needed to “stay the course”, according to a joint report by the Semiconductor Industry Association (SIA) and

The worldwide semiconductor industry is showing clear signs of a recovery.According to the Semiconductor Industry Association (SIA), the US trade body, worldwide semiconductor revenues jumped 15.2% on-year to US$137.7 billion in the first quarter. Revenues dropped 5.7% from the fourth quarter.The on

We are in the semiconductor market phase where everybody disagrees on what is going on. The market is up; the market is down. Mobile phones are up…. oh no, now they are down. The PC market is up—oh no, we need to wait until we can get an AI PC. The inflation is high—the consumer is not buying. For us in the industry, the 13-week financial … Read More The post Oops, We did it again! Memory Companies Investment Strategy appeared first on SemiWiki.

– KLA reported a good QTR but more importantly passing the bottom – Lead times mean KLA gets orders early in up cycle-just behind ASML – Potential upside in upcycle as packaging needs more process control – 2024 2nd half weighted with stronger recovery likely in 2025 A solid quarter as expected with good … Read More The post KLAC- Past bottom of cycle- up from here- early positive signs-packaging upside appeared first on SemiWiki.

Samsung’s chip division has returned to profitability in the first quarter on the back of the recovery of the memory chip market.The South Korean electronics maker said on Tuesday that it recorded 71.92 trillion won in revenue and 6.61 trillion won in operating profit, an increase of 13% and 932%, r

AMD’s Q1-2024 financial results are out, prompting us to delve into the Data Center Processing market. This analysis, usually reserved for us Semiconductor aficionados, has taken on a new dimension. The rise of AI products, now the gold standard for semiconductor companies, has sparked a revolution in the industry, making… Read More The post Nvidia Sells while Intel Tells appeared first on SemiWiki.