Intel hopeful of regaining lost market share in 2023
By MYBRANDBOOK
Intel CEO Pat Gelsinger is hopeful that Intel will recover its losing market share held byV AMD this year.
In their most recent earnings, Intel stated that the company will be getting back on track in 2023 and going towards market leadership by 2025 and beyond. It is hopeful that it will tackle both AMD and Apple in the server, laptop, and desktop segments.
Intel's CEO, Pat Gelsinger admitted that they have lost share and also the momentum that they once had.
“But that changes now and the company can expect stabilization in the current year,” he told investors on a conference call.
Analysts and the market however aren't really sure how Intel is anticipating stabilization so early. The factors are the huge inventory that amounts to $13.2 Billion or 151 days equivalent which is still sitting there along with poor reception of Intel's Sapphire Rapids Xeon CPUs which were recently launched to tackle AMD's EPYC portfolio.
"I don't think Intel is in a position yet to start recovering shares. Someone going from 1% to 13% is significant. It tells you that now there's a viable second competitor in the server processor market, who has momentum and is gaining momentum," said Rau.
"Intel had high hopes that Sapphire Rapids would enable them to take the fight to AMD," said Lucas Keh, semiconductors analyst at Third Bridge. "However, our experts say that it has been a disappointment so far because of Intel’s continuous inconsistency in delivery."
"Intel's turnaround is taking some time, exacerbated by the economy, but I believe its plan is working," said Glenn O'Donnell, an analyst at Forrester Research. "It is delivering on new products and its manufacturing is ramping up with agreements from other chipmakers to use Intel's manufacturing capacity."
But there are also some analysts who predict that the plans implemented by CEO Pat Gelsinger and his team at Intel are working and if that continues to be the case, we can expect a good outcome for Intel too.
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