Chip giant Intel is also being held back by a shortage of components

Released on 22.10. 2021

  • Intel increases sales and profits. Photo: Christoph Dernbach

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Actually, Intel as a semiconductor supplier should benefit from the current chip bottlenecks. But manufacturers lack other components. So you also need fewer Intel chips.

Santa Clara (dpa) – The semiconductor giant Intel is also being slowed down by the global shortage of components. For example, Intel was able to sell fewer chips for notebooks in the past quarter – because the manufacturers lacked other components to complete the devices. However, Intel scared investors with the announcement that the business would initially run less profitably in view of the high investments in new plants. The share fell in after-hours US trading on Thursday by around five percent Percent to 9.7 billion dollars (8.3 billion euros). That number doesn’t tell the full story, however. Because the group delivered in a year-on-year comparison 14 percent fewer processors for notebooks. The effects on Intel sales were cushioned at the same time by a hefty price increase of ten percent. For desktop computers, on the other hand, Intel sold 14 percent more chips – at 4 percent higher prices.

Intel is at the same time losing Apple as a customer – the group is gradually switching its Mac computers to processors from its own development.

Intel’s business with Chips for data centers grew by percent to 6.5 billion dollars – because with the economic recovery after At the bottom of the Corona crisis, investments would also have increased. The division faced headwinds from the crackdown on video games in China – less data is flowing through local data centers and expansion is seen as less urgent. Intel was convinced that it would only be a temporary effect.

Intel’s consolidated sales rose by 5 percent in the past quarter to 19, $ 2 billion too. The bottom line was a profit of 6.8 billion dollars (5, 60 billion euros) – a jump from 60 percent.

Intel is currently investing – just like other industry giants – massively in the expansion of Capacities in chip production. However, these billions in investments will only take effect in a few years. At the same time, the high expenses will initially make the business less profitable, emphasized CEO Pat Gelsinger.

Intel has recently come under increasing pressure. Among other things, due to the delays in new processes, the arch-rival AMD was able to gain ground in the business with chips for data centers, but also gain ground in the PC market. The new boss Gelsinger recently presented future technologies with which the group intends to regain the top position in chip production in a few years. Intel also wants to increasingly act as a contract manufacturer for other chip providers.

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