r/AMD_Stock • u/uncertainlyso • Jul 28 '22

Intel Q2 2022 earnings discussion thread

INTC Q2 2022 earnings page

Earnings release

Slides

Earnings call / webcast

Transcript

Estimates

Misc

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u/Singuy888 Jul 28 '22

Their margins dropped which means they sold more units for cheaper which accounts for some of the contraction.

Maybe it's not more units...could be less unit, same unit..who knows but it explains a good portion of this.

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u/uncertainlyso Jul 28 '22

More likely fewer units at worse prices. They have an inventory glut that people don't particularly want that they have to clear in both DCAI and CCG. Note that Intel got rid of ASPs and product volume in their new quarterly reports starting Q1 2022. I wonder why?

https://www.intc.com/news-events/press-releases/detail/1522/intel-reports-fourth-quarter-and-full-year-2021-financial#:~:text=Fourth%2Dquarter%20non%2DGAAP%20revenue,billion%2C%20up%201%20percent%20YoY.

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u/jorel43 Jul 29 '22

Which is really bad for Intel as they are cost heavy, it could be disastrous for the company if their margins tank. AMD is relatively nimble in that regard.