From Ying to losing money and downturn in revenue, Intel's market value was overtaken by AMD

Text/Yang Jianyong

Due to the sluggish performance, after the financial report was released, Intel fell 8.5%in the capital market, and the market value was overtaken by AMD. As of July 29, Intel's market value was US $ 148.5 billion, and AMD's market value was 153.1 billion US dollars. The financial report shows that Intel's performance has fallen sharply, revenue in the second quarter of 2022, a year -on -year decrease of 22%. It also changed from profit to losses. In the quarter, a net loss was 500 million US dollars, and the profit was $ 5.1 billion in the same period last year.

The revenue is bleak, Intel lowered the annual performance guidance

Among the major business sectors, the client computing the business department's revenue of $ 7.7 billion, a decrease of 25%year -on -year, and the revenue of the data center and the Ministry of Artificial Intelligence was 4.6 billion US dollars, a year -on -year decrease of 16%. The significant decline in the two core sectors directly dragged down the overall revenue. At the same time, Intel lowered its annual performance guidelines, compared with US $ 10 billion, it is expected to revenue of US $ 65-68 billion in annual revenue in 2022, while the annual revenue in 2021 is as high as US $ 79 billion.

According to the performance guidelines, it can be seen that the annual revenue in 2022 decreased by $ 11.4 billion. It is pointed out in the financial report that Intel's customer computing and data centers and artificial intelligence are largely affected by continuous adverse market conditions. However, AMD and Nvidia's revenue continued to maintain a strong growth pattern. In the first quarter of 2022, AMD's revenue was 5.9 billion US dollars, an increase of 71%year -on -year. It mainly benefited from the computing and graphics division and enterprises, embedded and semi -customized business departments, as well as the turnover of Sallei.

AMD, as the second largest CPU chip supplier in the world, is also Intel's strong competitors, and has continued to increase its share. From OMDIA observation shows that AMD is Intel's opponent as far as the server and personal computer CPU. In the past five years, it has launched increasingly competitive processors, which has made Intel, who strives to defend the leadership. It also pointed out that since 2017, AMD's market share has been steadily rising. It is expected that about 18%of the ships shipped in the fourth quarter of 2021 have AMD CPUs.

AMD's strong performance in the data center also caught Intel. In the field of data center, AMD continues to maintain a strong development momentum. AMD EPYC (Xiaolong) processor, AMD Instinct accelerator and data center solutions are increasingly adopted by new customers and expanded cloud products. Dr. Su Zifeng, CEO of AMD, previously said that 2021 is an outstanding year for AMD, and the annual turnover and profit of the year have reached a record high. Our businesses are very good. As cloud computing and corporate customers are increasingly adopted AMD EPYC processors, the data center revenue has doubled year -on -year.

Among the various business sectors of Nvidia, the most eye -catching performance is the data center sector. At present, the data center has replaced the game as its largest business sector. In the first quarter of fiscal year (May 1, 2022), the data center revenue reached 3.75 billion US dollars, an increase of 83%year -on -year, and then the overall revenue increased by 46%year -on -year, creating a historical record of 8.29 billion US dollars. The strong main artificial intelligence technology of the data center sector has been widely used in all walks of life, and all walks of life rely on Nvidia to develop AI technology.

Intel's revenue is sluggish, and AMD and Nvidia are clearly contrast. In particular, PC chip revenue is sluggish. As Intel's largest revenue sector, the annual revenue of 2021 was 40.5 billion US dollars, a slight increase of 1%year -on -year, and in the fourth quarter of 2021, it decreased by 7%. Continue to continue the decline this year, and the second quarter of 2022 decreased by 25%, which is the main factor dragging down Intel's overall performance. There are many factors to restrict the development of PC business, there are their own problems, the shortage of chip supply, and many factors such as Apple's self -developed chip. In terms of chip manufacturing, Intel obviously lags behind TSMC and is often criticized for toothpaste. Therefore, Apple uses self -use self -use Research chip.

In ARM's stirring, technology giants have studied self -study to reduce dependence on Intel

As an important customer of Intel, Apple is based on ARM self -developed chips to reduce its dependence on it. In my opinion, under Apple, the impact on the ARM industry chain is far -reaching, and other brands may increase the ARM architecture, including Qualcomm to strengthen the right to speak on the PC processor. And under the ARM stirring, not only the personal computer impacts the Intel CPU market, but also the global large cloud service markets such as Amazon and Alibaba Cloud are also increasing self -research chips. Among them, Amazon first publicly disclosed the ARM architecture Graviton chip for the first time at the end of 2018, and is now the third generation. At the 2022 Amazon Cloud Technology Re: Invent Global Conference, the latest generation of cloud native general processor Amazon Graviton3 and related computing instances were released.

According to reports, the C7G instance supported by Amazon Graviton 3 processor is compared with the current generation C6G instance supported by Graviton 2 processor, which can increase the computational dense workload performance up to 25%. At the Alibaba Cloud Hipan Conference in 2021, Ali released the self -developed cloud chip Yitian 710, using the ARMV9 architecture, up to 128 cores, and the highest frequency of 3.2GHz, which can also take into account performance and power consumption. As a CPU chip born for cloud, it is mainly deployed in the Alibaba Cloud Data Center, and has made a lot of optimization of the characteristics of cloud computing. The performance exceeds 20%of the industry benchmark, and the energy efficiency ratio increases by more than 50%. CPUs with high barriers, accompanied by many technology giants such as Apple, Nvidia, Amazon, Huawei, Alibaba Cloud to join the ARM camp, indicating that the ecology is becoming more and more perfect. It can be seen that in other markets such as cloud computing, corporate and edge data centers, super computing, PCs, ARMs also began to emerge, and then impacted the Intel data center sector. According to Statista forecast, by 2028, the market share of the ARM architecture processor in data centers and clouds will increase from 5%in 2019 to 25%. The market size in 2028 will reach $ 58 billion, more than 14 times in 2019.

at last

In the CPU field, Intel still has a strong right to speak. However, the client computing and the data center section is the core source of Intel's revenue, but the performance is sluggish. Of course, in the face of the intelligent wave brought by the Internet of Things and artificial intelligence, more and more companies have loaded AI workloads on the edges and clouds, from clouds to network to edge. Essence Intel is constantly attacking the GPU market.

Earlier this year, Intel CEO Pat Kissinger pointed out at the Intel 2022 Investor Conference: The three sub -departments of the acceleration computing system and the Graphic Division (AXG) are shipping products as planned. It is expected to be the company in 2022 as the company. Bring more than $ 1 billion in revenue. As Intel's growth engine, it is expected that by 2026, the three sub -departments of the computing system and the graphic business department will jointly create a revenue of nearly $ 10 billion. It means that the growth of Intel's driving performance no longer depends on the CPU, which more clearly clarifies the importance of the GPU. It can be said that the Internet of Things and artificial intelligence have allowed this old -fashioned technology giant with more than 50 years to usher in major opportunities in history.

Yang Jianyong, a Forbes Chinese writer, is committed to in -depth interpretation of cutting -edge technologies such as the Internet of Things, cloud services and artificial intelligence.

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