Intel’s Q2 2018 updates
Intel (INTC) has been at the center of industry discussion in the second quarter. Its chips were exposed to two more variants of the Spectre flaw, its 10nm (nanometer) node was delayed until 2019, and its former CEO told an analyst that the company might lose some server processor market share to Advanced Micro Devices (AMD). Its second-quarter earnings call might answer some questions around the latest updates.
Progress on a new CEO
On June 21, when Intel announced Brian Krzanich’s resignation, the board of directors stated that it was searching for a new CEO internally and externally. Then came the news that the former head of Intel’s Data Center Group, Diane Bryant, resigned from Google (GOOG) where she headed its cloud business operations.
In its upcoming earnings call, Intel’s interim CEO, Bob Swan, is expected to provide details on the progress on the search for a new chief executive officer.
Progress on 10nm
Intel’s delays in 10nm are problematic, as AMD announced plans to launch its 7nm chips in 2019. Also, TSMC (TSM) claims that its 7nm node would be competitive with Intel’s 10nm node. Intel’s management is expected to provide information on how the 10nm yield is progressing.
Data center competitiveness
According to CNBC, Nomura Instinet analyst Romit Shah stated that in a meeting, Krzanich indicated that Intel could lose some server processor market share to AMD by the end of 2018. Intel issued an email response that it was tapping broader opportunities in the data center market and was ready for competition. However, Intel might shed more light on this issue in its upcoming earnings call.
US-China trade war
Intel announced its 5G progress in China and its AI partnership with Chinese Internet giant Baidu (BIDU). At the earnings call, Intel might explain how the US-China trade war could impact its operations in China. Next, we’ll look at Intel’s collaboration with China.
Check out all the data we have added to our quote pages. Now you can get a valuation snapshot, earnings and revenue estimates, and historical data as well as dividend info. Take a look!
China (FXI) is moving rapidly in the 5G and AI space, and Intel (INTC) is playing a key role in this technology advancement.
Micron was the hardest hit by the semiconductor downturn due to weak economic demand arising from the US-China trade war.
CannTrust (CTST) announced that it's scheduled to report its fourth-quarter earnings on March 28 before the market opens.
Yesterday, Apple (AAPL) launched a newly upgraded range of its iPad Air and iPad mini devices ahead of its March 25 special event.
Nike (NKE) is scheduled to report its earnings results for the third quarter of fiscal 2019 after the market closes on March 21.
On March 18, Chesapeake Energy’s (CHK) implied volatility was 51.9%, which is ~14.7% less than its 15-day average.
Sprint (S) reported an adjusted EPS of $0.06 in the first nine months of fiscal 2018—compared to $0.08 during the same period in fiscal 2017.