AMD · AMD · INTC · Intel
Shared beliefs · multiple companies addressed
“the lead time is really long to build for the Q3, Q4 ramp. We really need to start with us right now. That's why the inventory has increased.”
“Intel Foundry delivered revenue of $4.7 billion, up 8% sequentially on pull-ins of Intel seven wafers and increased advanced packaging services.”
“including the recently announced export controls for Instinct MI308X shipments to China”
“the very fluid trade policies in the US and beyond as well as regulatory risks have increased the chance of an economic slowdown with the probability of a recession growing”
Single-issuer beliefs · only one company addressed
“we are partnering with Oracle to deploy a large-scale cluster powered by MI355X accelerators, fifth-gen EPYC Turin processors, and Polara 400 AI NIC. This multi-billion-dollar initiative highlights the expanding AMD and OCI partnership and a growing demand for AMD Instinct to power the next wave of large-scale AI infra…”
“We began sampling our next-gen MI350 series with multiple customers in the first quarter and remain on track to begin accelerated production by mid-year.”
“Look, we think A6 have a place. We happened to think GPUs have a larger piece of that because the models are changing so much.”
“We passed key milestones in April to begin manufacturing fifth-gen EPYC at TSMC's new Arizona fab, with first production shipments expected in the second half of 2025.”
“we announced our next-gen EPYC Venice processors are the lead HPC products for TSMC's 2-nanometer process node. Venice silicon is in our labs and performing well, with bring-up and validation progressing to plan to support a 2026 launch.”
“we absolutely believe the data center GPU will grow and we think it will grow strong double digits. We had a plan that was second half weighted and it still is.”
“We already have one large custom design win, and I would expect more.”
“While we are currently focused on delivering Intel 18A, we are also working closely with customers to define the critical KPIs to ensure online delivery of Intel 14A.”
“We have a lot of important building blocks in place, including the RAM of Intel 18A in February to support the launch of our first Pantheon Lake SKU by year-end, with additional SKUs coming in February.”
“I think as you get into '26, things start to go the other direction, you know, Panther Lake will be ramping more in volume next year. It's a better margin product than Lunar Lake just on the, you know, on an apples-to-apples basis, but on top of that, you know, as you know, we have 18A, on Panther Lake, so it brings th…”
“capacity constraints in Intel seven, which we expect to persist for the foreseeable future”
“We also see optics as a critical element of that rack scale architecture as well. And I think I would just remind everybody that Intel is the only foundry out there that has an optics-based foundry option for our customers, and so we're very optimistic that those two things add to the overall opportunity to build out t…”