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Intel Reports 25% Revenue Rise, CPU Demand Only 50%

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Story summary
  • Intel reported Q2 revenue up 25% to $16.1 billion and non-GAAP EPS of $0.42, reversing a $0.10 loss.
  • CEO Lip-Bu Tan said Intel can meet only 50% of CPU demand.
  • AMD’s server-CPU market share rose to 34.5% in Q2, up from 27.3% a year earlier.
  • AMD’s data-center revenue jumped 107% YoY in Q2 and it plans quarterly CPU capacity increases this year.