Company's latest earnings report remarkably different in tone to 12 months ago "I'm confident that Intel is well positioned to help define the next era of computing," says CEO Tan. "During Q2, our factories across Intel 7, Intel 3 and Intel 18A exceeded internal volume targets, driven by improving yields, better cycle times and increasing wafer starts." That's good news on Intel 18A, which is used for Core Ultra 3 Panther Lake chips. Defect density and transistor performance are all outpacing 18A development." Overall, Foundry work is still very expensive, leading to an operating loss of $2.1 billion in just the three months of Q2. David Zinsner, Intel CFO, reports revenue up to $16.1 billion, from $13.6 billion in Q1, and 25% up from this time last year.
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PC Gamer