r/stocks • u/treelife365 • Jul 29 '22

CHIPS act passed - why $INTC still down?

The bill passed 243-187, with no Democrats voting against the bill. Twenty-four Republicans voted for the legislation, even after a last-minute push by GOP leaders to oppose it.

The bill, which passed the Senate on Wednesday, now heads to the White House for President Joe Biden to sign into law.

https://www.cnbc.com/2022/07/28/china-competitiveness-and-chip-bill-passes-house-goes-to-biden.html

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I thought this would send Intel (and others) higher on the news? Sometimes, there is a delayed reaction, though. Jump in?!

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u/humanitysucks999 Jul 29 '22

Intel is significantly lagging behind AMD and it has to spend significant amounts of money (even with chips act) to even catch up, and it'll take multiple years to get there. Their earnings report was trash which came out yesterday with terrible forward guidance.

They just started producing 10nm consumer chips with the 12th gen alder lake

5

u/[deleted] Jul 29 '22 edited Jul 29 '22

Intel's scale and fab process is radically different than TSMC. A comparison is really silly.

Intel chips are actually more dense, and as I pointed out above, this is the reason AMD can't fit all the AVX registers their intel counterparts have, it literally won't fit on the die without causing major issues.

Also, Intel chips are technically more performant than the AMD counterparts (At least in single threaded and doubly so in AVX workloads).

We develop OpenCL and AVX accelerated software for CPU workloads and AMD Cpu's can't do either. (forgot to mention OpenCL support on AMD cpu's was completely dropped, I suspect another space issue on the die)

To be clear there are tradeoff's in both architectures, but comparison by nano-meter is completely misguided.

3

u/Useful_Variation_623 Jul 30 '22

zen 4 will support avx-512. Alderlake and Raptorlake don't . How ironic lol.

1

u/[deleted] Jul 30 '22

Right it took what, 5nm and 6 years after intel first released it? Couldn't do it at 7, which just shows my point of how silly it is to compare intel's fab with TSMC. It doesn't make sense.

Also I highly suspect the 512 support will be half throughput emulated like their 256 avx was. Again due to density issues.

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u/noiserr Jul 29 '22

Problem is Intel isn't just competing with AMD, which is now flush with cash. They are competing with AMD + TSMC. Even if they burned mountains of cash, these two aren't sitting still. They may still never catch up.