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Monday, June 03, 2013 3:54:54 PM
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INTC: Expect Desktop, Server ‘Haswell’ Debut This Week, Says Wells
By Tiernan Ray
TAGS
ANDROID
CHIPS
HASWELL
LAPTOP
MOBILE
NOTEBOOK
PC
SEMICONDUCTOR
SERVER
TABLET
Yet another bull on Intel (INTC) offers up his thoughts today about the company’s outlook: Wells Fargo‘s David Wong pens a brief item about what to expect from an official debut tomorrow of the “Haswell” family of notebook, desktop and server parts, which may take place at the Computex computer conference going on in Taipei, Taiwan.
Wong, who has an Outperform rating on Intel shares, and a $28 to $33 “valuation range,” thinks a formal announcement at the show will this week, perhaps tomorrow. He notes that while there’s been no official press release, “Intel has updated its ARK website with 37 ‘launched’ Haswell products (16 desktop products, 8 mobile products, and 13 Denlow 1-way server products).”
Wong expects to see announcements of products in various categories using Haswell, and also some tablet computers running Google‘s (GOOG) Android OS on top of Intel’s “Clover Trail+” family of mobile processors. Note that Samsung Electronics (005930KS) this morning announced tablets with Intel chips.
Haswell chips have gotten some good early benchmarks, notes Wong, but he thinks it won’t be till September that the parts spread to lower-power mobile devices:
Much as we expected, Intel’s first Haswell chips are desktop, 1-way server, and high end quad-core notebook processors. We suspect that Intel will not be launching lower power Haswell chips for Ultrabooks and tablets at Computex. We expect Ultrabooks using lower power 15W Haswell chips to ramp in the September 2013 quarter and tablets as well as Ultrabook/tablet convertibles using the new very low power 10W Haswell chips to become available in the December 2013 quarter. A review article on the website Anandtech highlighted, appropriately we think, that Haswell offers a modest improvement in CPU performance and an improvement in power consumption and performance/watt. According to Anandtech’s review of the Core i7-4770K and Core i5-4670K, idle power consumption for Haswell was approximately 10 watts less than Ivy Bridge. Anandtech found that under heavy loads, Haswell consumed more power than Ivy Bridge, but Haswell also completed the benchmark faster, indicating performance/watt gains.
Shares of Intel are up 83 cents, or 3.4%, at $25.11.
Previously: Intel: FBR, Benchmark Cheer Tablet, Server Prospects, June 3rd, 2013.
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