Intel's new Granite Rapids CPUs aim to compete with AMD, potentially increasing revenue per chip.

From Nasdaq: 2024-10-05 05:50:00

Intel’s once lucrative data center segment has faced challenges as AMD gains market share. In 2023, revenue dropped to $15.5 billion with a $530 million operating loss. AMD’s Genoa family of EPYC server CPUs surpassed Intel, increasing market share from 2.9% to 23.6%. Intel’s new Granite Rapids lineup aims to compete and generate higher revenue.

AMD’s superior products and pricing eroded Intel’s market share and pricing power. Intel’s new Granite Rapids CPUs narrow the performance gap with AMD, offering up to 128 cores. The flagship model is priced at $17,800, potentially allowing Intel to charge higher prices. Intel aims to halt AMD’s market share gains with competitive products.

Despite challenges, Intel’s Granite Rapids CPUs could increase revenue per chip. With a shift to Intel 3 manufacturing, Intel aims to boost profitability in its data center segment. While 2024 was tough, 2025 looks promising with competitive products. Investors should consider the potential of Intel’s new lineup for future growth.

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Read more at Nasdaq: Intel’s Granite Rapids Could Drive a Major Rebound in Its Data Center Business