Hari believes that TSMC is becoming increasingly powerful as a chip OEM.
Hari lowered Intel's target price from $49 to $44, which is 12% lower than the close on Thursday (August 9).
According to the data, Intel first hoped that 10nm will debut in 2016, but in the recent second quarter earnings conference, the giant announced that it could ship large quantities before the end of 2019. The Xeon platform was postponed until 2020 (IceLake). Three times the ticket is live.
According to the official roadmap, Coffee Lake, the consumer desktop, will be 14h+++ Whiskey Lake.serverThere are also two generations of 14nm, Cascade Lake and CooperLake. However, AMD will be able to come up with 7nm-based EPYC enterprise-class CPUs by the end of this year.
Goldman Sachs is not the first financial institution to downgrade Intel because of the 10nm issue. Bank of America Merrill Lynch reduced “buy” to “neutral” at the end of July.