Chip giant Intel (NASDAQ:INTC) reported second-quarter results last week, and the release included the bombshell announcement that the company's 7-nanometer processors would be delayed by approximately six months. Those chips were initially scheduled to launch in late 2021, so the delay will push that debut back to 2022. At least Intel is finally starting to ramp up 10-nanometer production -- which was also delayed by years.
The ongoing stumbles with transitioning to new generations of manufacturing technology completely validate Apple's (NASDAQ:AAPL) decision to ditch the company in favor of its own silicon.
The ongoing stumbles with transitioning to new generations of manufacturing technology completely validate Apple's (NASDAQ:AAPL) decision to ditch the company in favor of its own silicon.