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Intel unveils highest performing data-center processors, made with Israel team

Intel Corp. unveils its highest-performing data-center processor, Ice Lake Server, sired in Israel (Intel Corp)
Intel Corp. has unveiled its highest performing data-center processor, optimized for the cloud and high-end computing and promising a performance 46% higher than the previous generation of products. The core of the processors, called Ice Lake Server, launched by the US tech giant on Tuesday, was developed in Haifa and produced at its Kiryat Gat plant in Israel.
Intel said that its latest, third-generation scalable Xeon processors, which use 10 nanometer process technology, are optimized for multi-cloud environments and enable the world’s broadest range of workload requirements, including 5G networking, artificial intelligence (AI), high performance computing (HPC), and intelligent edge infrastructure. ....

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Intel Corporation (NASDAQ:INTC), Advanced Micro Devices, Inc. (NYSE:AMD) - 4 Intel Analysts On 'Unleashed' Event, The Risks Of Chipmaker's Foundry Plans

Intel Corporation (NASDAQ:INTC), Advanced Micro Devices, Inc. (NYSE:AMD) - 4 Intel Analysts On 'Unleashed' Event, The Risks Of Chipmaker's Foundry Plans
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

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Intel Reports Q4 2020 Earnings: 2020 Delivers A Profitable Pandemic

Earnings season is once more upon us, and once again leading the charge is Intel, who this afternoon reported their Q4’2020 and full-year 2020 financial results. The 800lb gorilla of the PC world has seen some unexpectedly strong quarters in 2020 following the coronavirus outbreak, and despite all of the uncertainty that entails, it’s ultimately played out in Intel’s favor. As a result, they’re closing the book on yet another record year, making for their fifth in a row.
Starting with quarterly results, for the fourth quarter of 2020, Intel reported $20.0B in revenue, which is a drop of $0.2B over the year-ago quarter. Intel saw a very good Q4 a year ago, and while Q4’20 is once again their strongest quarter of the year, Intel’s momentum as a whole is starting to back off on a quarterly basis. More significantly, Intel’s net income has dropped 15% YoY, with Intel booking $5.9B there. ....

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