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Benzinga
Benzinga
Business
Shanthi Rexaline

Advantage AMD: Analyst Flags Delay In Intel Server Chip Shipment

AMD MingChi Kuo Nasdaq Intel Corporation

Intel Corp's (NASDAQ: INTC) product misstep woes are likely to return to haunt the company, casting more clouds over its turnaround efforts.

What Happened: The highly-anticipated Intel server chips, codenamed "Sapphire Rapids," may not ship until the second quarter of 2023, as opposed to a consensus expectation for a launch in the second half of 2022, noted tech analyst Ming-Chi Kuo said on Thursday.

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