Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
It's a lot more than that. Most multi-threaded code (other than partition-the-work-into-parallel-bits type) has potential conflicts that need to be managed.
They make the pdfs available starting the day of the presentation. So you get it at most several hours early.
Haswell uArch pdfs here:
https://intel.activeevents.com/sf12/scheduler/catalog.do
ARCS001 ARCS002 and SPCS001 are available now
Also stuff here:
http://www.anandtech.com/show/6263/intel-haswell-architecture-disclosure-live-blog
http://www.anandtech.com/show/6260/intel-developer-forum-2012-dadi-perlmutter-keynote-live-blog
AMD's Q3 forecast is actually MINUS 1% (+/- 3%)
I'm sure they'll have it working 3 years after Intel.
They warned that Q3 (& FY12) will be lower than previously anticipated. OTOH, probably expected by this point.
So far, up a bit A/H. Go figure. People must have been expecting worse.
--------------------
SANTA CLARA, Calif., July 17, 2012 - Intel Corporation today reported quarterly revenue of $13.5 billion, operating income of $3.8 billion, net income of $2.8 billion and EPS of $0.54. The company generated approximately $4.7 billion in cash from operations, paid dividends of $1.1 billion and used $1.1 billion to repurchase stock.
"The second quarter was highlighted by solid execution with continued strength in the data center and multiple product introductions in Ultrabooks and smartphones," said Paul Otellini, Intel president and CEO. "As we enter the third quarter, our growth will be slower than we anticipated due to a more challenging macroeconomic environment. With a rich mix of Ultrabook and Intel-based tablet and phone introductions in the second half, combined with the long-term investments we're making in our product and manufacturing areas, we are well positioned for this year and beyond."
Business Outlook
Intel's Business Outlook does not include the potential impact of any business combinations, asset acquisitions, divestitures or other investments that may be completed after July 17.
Q3 2012 (GAAP, unless otherwise stated)
Revenue: $14.3 billion, plus or minus $500 million.
Gross margin percentage: 63 percent and 64 percent Non-GAAP (excluding amortization of acquisition-related intangibles), both plus or minus a couple of percentage points.
R&D plus MG&A spending: approximately $4.6 billion.
Amortization of acquisition-related intangibles: approximately $80 million.
Impact of equity investments and interest and other: approximately zero.
Depreciation: approximately $1.6 billion.
Full-Year 2012 (GAAP, unless otherwise stated)
Revenue up between 3 percent and 5 percent year over year, down from the prior expectation for high single-digit growth.
Gross margin percentage: 64 percent and 65 percent Non-GAAP (excluding amortization of acquisition-related intangibles), both plus or minus a couple points.
Spending (R&D plus MG&A): $18.2 billion, plus or minus $200 million, down $100 million from prior expectations.
Amortization of acquisition-related intangibles: approximately $300 million, unchanged.
Depreciation: $6.3 billion, plus or minus $100 million, down $100 million from prior expectations.
Tax Rate: approximately 28 percent, unchanged.
Full-year capital spending: $12.5 billion, plus or minus $400 million, unchanged.
For additional information regarding Intel's results and Business Outlook, please see the CFO commentary at: www.intc.com/results.cfm.
Upon inspecting the entrails of a freshly slaughtered goat, I noted that the liver presented an image of Jupiter typing, apparently, on an ultrabook.
Intel would've warned last month if there was going to be a warning. They're virtually always very good about providing advance notice.
IIRC, that "26% better" comes with a bushel of caveats. Basically, they found one "digital media workload" that exhibited that gain-- the avg improvement being much less.
Myself, I noticed a distinctly claw-like image on the liver of the goat I just sacrificed while chanting "Innnntellllllllll... INNNTTTELLLLLLLL......"
I took very precise measurements of the claw shape to ensure the process was scientifically rigorous. I have every confidence it is highly predictive.
Are those YoY figures?
OTOH, even after hours right now, it keeps flirting with 28.00. Looking at the 3-month chart, that's really not too shabby.
Maybe they'll figure out there's a favorable 7% they need to put back in to their YoY comps to account for the week.
It seems to be recovering somewhat. Now -.47
Maybe the GS 28.00 effect.
YoY numbers are tricky-- Q1 11 had an extra week. (and no hard-disk issue)
I see -.67 (from the $28.47 close)
Looks like GAAP EPS was $0.53, Non-GAAP $0.56
Revs (Q1 and Q2 outlook) above expectations.
Can't figure out why it would sell-off A/H... although I guess that is historically somewhat typical. Meanwhile, AMD will report sh*tty earnings and then rise A/H. ;)
See what you miss by not having Twitter and Facebook, Elmer?
in a move that analysts said would intensify the cloud hardware battle with rival Advanced Micro Devices.
LOL. Say what?
the extrapolations of the technical analyst.
Ughh. Why not perform augury with animal entrails instead?
A wide, low-power interconnect between the Haswell die and the on-package graphics memory stack, in this case.
Would a moderator please remove these OT politics posts? Thx
Why aRe yoU wriTinG it 'ComCast'?
It's 'Comcast'. ;)
Well, per Intel, 22nm is not (in a sense) 4-6 months late... entering production last September.
What is late is the launch.
Which, purportedly, is due to weakness in Europe, the hard drive deficit, and the SB chipset debacle (which meant OEMs wanted more time with existing models).
Even the Digitimes article claims the launch is still April. It says Intel is pushing back the ramp a bit due to existing inventories of Sandy, which were in turn due to the hard drive shortage, and maybe also the chipset issue.
If the launch is still April, I guess it could be yields, but then, why would the notebook makers be saying it is inventory related if yields were to blame?
IIRC, production wafer starts occured in late Sep, qualification for shipment in late Dec, and then, instead of Jan launch, March/April had been promised since April due to the SB chipset issue eating into the sales lifetime of the current models. Then you got the Thai flooding after that.
Perhaps, if the stacked-memory thing is correct, the issue in Ivy (Sandy has different shaders on an older process) is that more EUs don't really help, as memory becomes the bottleneck, but for the Haswell SKUs with a memory stack it makes sense?
Or maybe the performance will go up a LOT...
http://www.phoronix.com/scan.php?page=news_item&px=MTA1MzU
This will happen again with Haswell where I'm told its integrated graphics should be comparable to a mid-to-high-end discrete GPU. There's stacked memory and some other graphics hardware improvements that should make Haswell Linux graphics even more interesting.
There was a Chuckles article a year or so back saying Intel was considering this (using silicon-on-interposer integration for the MPU & the graphics memory stack) for Ivy, but if the tech wasn't quite mature enough, they'd hold off until Haswell...
I guess the driver may provide confirmation in the near future.
I dunno. Why limit the (dynamic) clock, unless it would hit TDP (which is also now dynamic itself) in a heavy-GPU, light-CPU scenario? Or unless another piece of the graphics pipe would be the bottleneck?
It will be even more interesting in 2014, when Haswell shrinks to 14nm and AMD is still floundering on 28nm... or trying to release 22nm.
Clearly an adrenaline junky
I was just thinking of that very term.
Yeah really:
The circumstances surrounding the crash are still unclear but Appleton was flying an experimental single-engine Lancair, which is typically used for personal use.
An investigator from the National Transportation Safety Board is on-scene conducting an ongoing investigation. The NTSB said Appleton landed the plane and returned it to the hangar before attempting to takeoff again.
The CEO had been known to fly his own planes, surviving an earlier crash in the Idaho desert in 2004 with only minor injuries.
A shitty thing to take crazy risks like that when you have a wife & small children.
Yes, IB qualified. It is in the CFO commentary, released with earnings.
a BA in BS, perhaps?
;)
"Canaccord Genuity" ? Who? Probably a mouthpiece for some hedge fund on the short side.
Intel already said they see no such PC production constraints, and they should know.
AMD Trinity slips to March production starts...
Shocking, I know.
http://www.xbitlabs.com/news/cpu/display/20111129235646_AMD_to_Start_Production_of_Desktop_Trinity_APU_in_March_Document.html
Ah, technical analysis, the homeopathy of the investment world. :P
Turns out Bulldozer is not even the King of WinRAR after all.
http://hwbot.org/forum/showthread.php?p=138245
(Bug in that app meant HT was not used by default.)
The thing that bothers me is the 3820 SKU. It'll have absolutely minimal gains over the 2700K.
Not for applications that are gated by memory bandwidth. That bandwidth is almost certainly its raison d'etre.
SB-E on LGA-2011 is rumored to launch tomorrow.
You have to love "Project Win"! Could it get any lamer?
Is Charlie Sheen running the company?
Winning!
And this sentence pair is a hilarious self-contradiction:
I think it's unfair to kind of suggest that we don't have understanding of the root cause. The analysis that we're doing is machine by machine, step by step.
So... they understand the root cause... but yet they are conducting a machine-by-machine, step-by-step analysis of the problems?
Some dire admissions in the Q&A:
John Pitzer - Crédit Suisse AG, Research Division
Tom, just a clarification on the negotiations with GLOBALFOUNDRIES around good die versus cost plus, how long is that agreement in place? And if it's going to sort of grandfather here, do have the leverage to go back and continue down a good die kind of contract with your foundry partner, GLOBALFOUNDRIES?
Thomas Seifert
Yes, a fair question. So the agreement that we have in place is around 32-nanometer and it's pretty much limited until the end of the current calendar year, and then we would default back to the original agreement. I think I also said already on the last call that we have started negotiations with our partners and they are progressing well. And as soon as we have an update and something to announce, we'll talk about it. But we are in the process and -- as I've said, this is a very firm -- it's a very committed partnership and it's moving along.
And Mosesmann annoys Rory:
Hans C. Mosesmann - Raymond James & Associates, Inc., Research Division
Okay. And then as a follow-up, it looks like you're yields are improving but you really haven't figured out the root cause. It looks like it's an interesting process. Do you have a Plan B in place or on the table? Perhaps using your other foundry to kind of fix the problem because it seems they have no issues whatsoever with Brazos and the Llano would be just a continuation of that kind of architecture.
Rory P. Read
Yes. I think it's unfair to kind of suggest that we don't have understanding of the root cause. The analysis that we're doing is machine by machine, step by step. We're making those changes as we speak, and we've begun to see over the past several weeks with this kind of intense maniacal focus on execution with starts of improvement across that SaaS. So I don't want to leave anyone with a feeling that we aren't working that, understanding the issue and have our hands on the rudder and driving this boat. We have work to do. All for sure share that, and you know it and I know it. We have to improve our execution. But we have the experience, the expertise that's getting underneath that, that we believe will drive further improvements as we go through the quarter. Thomas, do you want to add anything?
Thomas Seifert
No, I think that is fair to say. I think it's a every important correction to make. It's not like this is an -- it's a risk process where we don't know where we go. It's a complex situation. It takes a maniacal focus, that's what we already said. We put lots of teams on this problem, from our partner, from our company, from outside, from the ecosystem. And we work hard in that direction. We see the improvement. It's a steep growth. But we know the direction if we know the path.
Rory is a little like Hector-- everyone is just so excited.