Futurum’s Daniel Newman and Ron Westfall examine Intel’s Q2 2022 financial results including the bad, the good, and the implications of the CHIPs Act passage. Intel’s CCG and DCAI units reported substantial declines that contributed directly to missing consensus outlooks related to its Q2 top-line and bottom-line expectations and revising full-year guidance, however progress in the NEX, AXG, and Mobileye units along with advancement of the CHIPs Act in the U.S. Congress indicate how Intel can mount a much-needed comeback before near-term and long-term.
Intel’s New Intel Blockscale ASIC Focuses on Cryptocurrency Delivering Speed and Power Savings
Futurum analyst Michael Diamond discusses Intel’s recently announced second generation Blockscale ASIC, which is designed with speed and power savings in mind, delivering a much-needed assist to bitcoin mining companies who seek to achieve hash rate scaling objectives coupled with improved sustainability measures.