“We are in the early innings of a historical/generational shift in compute power in Silicon Valley,” Rosenblatt Securities analyst Hans Mosesmann wrote in response to that divergence of results.
AMD’s datacenter business posted a sales increase of 42% from a year earlier. Intel, meanwhile, saw its datacenter and artificial intelligence business fall 33%.
Advanced Micro Devices Inc., which for most of its existence has struggled in Intel’s shadow, uses TSMC to manufacture its server and PC processors and graphics chips.
TSMC has proven so skilled at crafting bespoke chips for customers like Apple Inc. and Nvidia Corp. that no other chipmaker has a chance of closing the gap anytime soon.
TSMC has caught and passed Intel quicker than even the most optimistic analysts had predicted. Revenue at the Taiwanese company whose plants serve many of the world’s biggest firms with outsourced production surged 33% last year while Intel’s declined 20%. It offers many of Intel’s competitors and customers the most advanced production available
https://www.bloomberg.com/news/articles/2023-02-03/intel-earnings-signal-tsmc-and-samsung-lead-growing