Intel reports in latest earnings for Q2 of 2021 showing decline in data centre sales

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Intel recently released its earnings for Q2 of 2021, and this marked the company’s tenth consecutive quarter which beat the estimates by the analysts. The company made a total of $19.6 billion in Q2 of 2021.

according to the report presented by Intel, its PC volumes increased by 33% on the year, and the gaming is spread across both laptops and desktops. However, when it comes to the server market the results which the company published are disappointing. Intel has yet again continued to lose the data center market share to its competitors.

But on the other side, Intel is rushing hard to increase its manufacturing capacity. As we know it’s hiring some of the experienced engineers as well as many of the company‘s veterans are coming back. We are also hearing the reports of the company reportedly trying to purchase the Globalfoundries for $30 billion.

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Intel has already shipped around 50 million Tiger Lake Chips to the market and has also stated that it will be shipping several million Alder Lake chips to its partners in the second half of this year.

Looking at the stats, it’s clear that Intel’s desktop PC volumes jumped by 15% for the year, and the growth in notebooks jumped an incredible 40% year-over-year (YoY). However, intel made these gains only after going through price cuts and by selling at less than expected prices. Reports suggest that Intel’s average selling prices (ASPs) declined by 5% for desktops and about 17% for notebooks.

Coming to the data center sales, during this quarter intel made around $6.5 billion in revenue, however, it went down 9% compared to the prior year. The major reason for intel’s decline in the data center segment is mainly due to the increased challenges compared to last year. And the major blow for Intel’s data center market is the performance shown by AMD’s EPYC lineup.

However, AMD is facing more of a shortage of materials than Intel. And as a result, AMD is facing more issues with meeting up with the demand.

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