Intel Q2 Earnings - Was it really that bad? #intel #alderlakechip
Third-party sources have already mentioned that Intel Corporation has begun to notify customers in advance of the upcoming increase in prices for new batches of processors in the current half of the year. At the quarterly reporting event, CEO Patrick Gelsinger clarified that the new pricing will come into effect in the fourth quarter; and later added that the increase would affect the Alder Lake family of client models.
Participants of the quarterly event, who tried to find out what factors form the corporationβs confidence in a partial recovery of the PC market by the end of this year, prompted such revelations from Intel executives. Intel management, represented by Patrick Gelsinger, emphasized that customer-side product inventory should be sold by the fourth quarter; and this will allow the company to resume deliveries of its products in volumes more adequate to demand. Secondly, the fourth quarter is historically a season of high demand in the PC market; Intel simply expects that this year the trend will not be broken.
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