Wednesday, November 6, 2024

Pat Gelsinger -- News -- November 6, 2024

Locator: 48726INTC.

Tag: INTC, Intel, 18A

Times of India. Link here.

Reuters. Link here.

AI generated:
AI Overview
Intel's 18A fabrication technology is on track for a 2025 launch, with high-volume production scheduled to begin in the second half of that year. Here's some more information about the status of Intel 18A: 
  • Yield
    Intel says its 18A fabrication technologies are producing good-quality chips. However, some industry experts are concerned about Intel's ability to achieve good yields, which could put the company at a disadvantage to competitors like TSMC. 
  • Products
    Intel's first two 18A products, the Panther Lake AI PC client processor and the Clearwater Forest server processor, have powered on and booted operating systems. 
  • Customers
    Intel has secured AWS as a customer for its 18A process. 
  • PDK
    Intel released its 18A Process Design Kit (PDK) 1.0 in July 2024, which allowed partners to update their tools and design flows. 
  • Roadmap
    Intel 18A is one of the final nodes in the company's "5 Nodes in 4 Years" roadmap. It's the first node to include Intel's PowerVia power delivery system and RibbonFET gate-all-around transistor architecture.
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Problems?

From September 9, 2024:

Link here.

Disappointing financial results. A 15% layoff of its workforce. Restructuring and cost-reduction plans which may include the sale of FPGA unit Altera and freezing its USD 32 billion German fab project. Now, there seems to be more bad news on the way for Intel, as its advanced nodes, specifically 18A and 20A, reportedly run into trouble.

Broadcom Regards 18A Not Ready for High-volume Production


According to Reuters and The Verge, Broadcom’s initial tests with Intel’s 18A (1.8nm-class) process did not meet expectations, creating additional pressure on the semiconductor giant’s efforts to catch up with TSMC in the foundry sector. The reports note that Broadcom tested Intel’s 18A by producing wafers with typical design patterns. However, its engineers and executives were said to be disappointed with the results, regarding the process as “not ready for high-volume production.”

A Broadcom spokesperson informed Reuters that the company has not yet completed its evaluation of Intel’s 18A, indicating that the assessment is still in progress.

The 18A node plays a crucial role in Intel’s roadmap, as it has been working on the process for years, targeting to begin mass production next year, with major clients including Microsoft, according to the Verge.

However, another report from Tom’s Hardware also suggests that a defect density below 0.5 defects per square centimeter is typically seen as a positive outcome, which Intel may have already accomplished. Citing CEO Pat Gelsinger’s previous remarks, the report notes that Intel is now below 0.4 d0 defect density, which can be considered a healthy process.

20 A Cancelled: Not a Bad Idea for Cost-reduction?


Another latest bad news, though, is that Intel announced that it will no longer use its own 20A process for the upcoming Arrow Lake processors aimed at the consumer market. In its own words, the Arrow Lake processor family will be built primarily using external partners and packaged by Intel Foundry.

The unexpected move, according to Intel, is made in order to focus resources on Intel 18A, helping the company to optimize its engineering investments.

SRE -- For The Archives -- November 6, 2024

Locator: 48725SRE.

Oil and natural gas.

Trump "gets it."

The tea leaves suggest Trump is about to unleash the US oil companies.

This could be an incredible four years.

Time to review the art of war:

Life during wartime, link here:

Trump's "takeover" of Washington, DC, was .... insane ....

... I don't think what just happened in the last twenty-four hours has really sunk in yet.  

I don't think something like this has ever been seen before. 

The word I heard most in the past twenty-four hours: repudiation. 

So, google biden harris trump repudiation and what do you get? 

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Didn't See This Coming

This is a simple utility stock, nothing more, nothing less.

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Cry To Me

Link here.

For Some, The Automobile Recession Has Become A Depression -- November 6, 2024

Locator: 48724EVS.

Link here.

Qualcomm -- Earnings -- 3Q24

Locator: 48723QCOM.

Link here.

Qualcomm reported fourth-quarter earnings on Wednesday that beat Wall Street expectations for earnings and revenue, and the company guided to a strong December quarter.

The shares rose 10% in extended trading at one point before falling to a gain of about 4%.

Here’s how the company did versus Refinitiv consensus expectations for the quarter ending September 29, 2024:
    • Earnings per share: $2.69, adjusted $2.56 expected 
    • Revenue: $10.24 billion versus $9.90 billion expected
Qualcomm said it expects revenue in the current quarter of between $10.5 billion and $11.3 billion, with the midpoint of that range beating LSEG consensus expectations of $10.59 billion.
The company reported $2.92 billion in net income, or $2.59 per share, a sharp jump from last year’s $1.49 billion, or $1.23 per share. Qualcomm reported $33.19 billion in total revenue in its fiscal 2024, a 9% increase from 2023.

Seven New Permits For Hunt Oil And Grayson Mill -- November 6, 2024

Locator: 48722B.

Politics: the most fun I've had in a long time -- watching / listening to MSNBC all day, starting with The View and, no doubt, ending with Rachel Maddow this evening. [No Rachel Maddow this evening; she has a very limited schedule these days. I had forgotten.]

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Back to the Bakken

WTI:

Active rigs: 38.

Seven new permits, #41316 - #41322 , inclusive:

  • Operators: Hunt Oil (5); Grayson Mill (2);
  • Fields: Parshall (Mountrail); Sixmile (Williams)
  • Comments:
    • Grayson Mill has permits for two Falcon wells, NENE 25-153-103, 
      • to be sited 322 FNL with one at 1278 FEL and the other at 1248 FEL;
    • Hunt Oil has permits for three Patten wells, SWSW 33-153-89; and two Shell wells, NENW 20-153-89, 
      • with the Patten wells to be sited 326 FSL and 274 FWL; 304 FWL; and, 334 FWL; 
      • the two Shell wells will be sited 365 FNL with one well 2405 FWL and the other well 2375 FWL

Two permits renewed:

  • Zavanna: a SWD permit; and,
  • Grayson Mill: also a SWD permit.

Five producing wells (DUCs) reported as completed:

  • 37835, 7,497, MRO, Laverne USA 24-33H, Mountrail County; see this post;
  • 37836, 5,888, MRO, Duane USA 24-33TFH, Mountrail County; see this post;
  • 37993, 756, Slawson, Challenger Federal 8-29-32H, Mountrail County;
  • 40476, 1,317, CLR, Clover 4-10H, Dunn County;
  • 40490, 1,258, CLR, Roadrunner 4-15HSL, Dunn County;

Grayson Mill reported two dry holes:

  • 40933, Falcon 25-27F 4H, Williams County;
  • 40934, Falcon 25-27 5H, Williams County;

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Grayson Mill: Two Dry Holes Will Be Re-Entered

From today's daily activity report, the dry holes:

The new permits: