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During Evercore ISI TMT conference, Intel announced that the company would continue to lose market share, with a possible bounce back in the coming years. According to the latest report, Intel's CEO Pat Gelsinger announced that he expects the company to continue to lose its market share to AMD as the competition has "too much momentum" going for it. AMD's Ryzen and EPYC processors continue to deliver power and efficiency performance figures, which drives customers towards the company. On the other hand, Intel expects a competing product, especially in the data center business with Sapphire Rapids Xeon processors, set to arrive in 2023. Pat Gelsinger noted, "Competition just has too much momentum, and we haven't executed well enough. So we expect that bottoming. The business will be growing, but we do expect that there continues to be some share losses. We're not keeping up with the overall TAM growth until we get later into '25 and '26 when we start regaining share, material share gains."
The only down years that are supposed to show a toll of solid competition are 2022 and 2023. As far as creating a bounceback, Intel targets 2025 and 2026. "Now, obviously, in 2024, we think we're competitive. 2025, we think we're back to unquestioned leadership with our transistors and process technology," noted CEO Gelsinger. Additionally, he had a say about the emerging Arm CPUs competing for the same server market share as Intel and AMD do so, stating that "Well, when we deliver the Forest product line, we deliver power performance leadership versus all Arm alternatives, as well. So now you go to a cloud service provider, and you say, 'Well, why would I go through that butt ugly, heavy software lift to an ARM architecture versus continuing on the x86 family?"
Finally, Pat Gelsinger has emphasized that the company will continue to exit more businesses where it doesn't thrive. Just like it did with Optane memory, we could see Intel pulling out of other markets that don't necessarily align with the leadership's vision. Given that the CEO appointed a new leadership group and performed major company structure reforms, it is interesting to see what comes out of this. Just a few days ago, we saw the appointment of Shlomit Weiss as senior vice president and Co-GM of the Design Engineering Group.
View at TechPowerUp Main Site | Source
The only down years that are supposed to show a toll of solid competition are 2022 and 2023. As far as creating a bounceback, Intel targets 2025 and 2026. "Now, obviously, in 2024, we think we're competitive. 2025, we think we're back to unquestioned leadership with our transistors and process technology," noted CEO Gelsinger. Additionally, he had a say about the emerging Arm CPUs competing for the same server market share as Intel and AMD do so, stating that "Well, when we deliver the Forest product line, we deliver power performance leadership versus all Arm alternatives, as well. So now you go to a cloud service provider, and you say, 'Well, why would I go through that butt ugly, heavy software lift to an ARM architecture versus continuing on the x86 family?"
![](https://www.techpowerup.com/img/XHzRCro6o0vw5J8u_thm.jpg)
Finally, Pat Gelsinger has emphasized that the company will continue to exit more businesses where it doesn't thrive. Just like it did with Optane memory, we could see Intel pulling out of other markets that don't necessarily align with the leadership's vision. Given that the CEO appointed a new leadership group and performed major company structure reforms, it is interesting to see what comes out of this. Just a few days ago, we saw the appointment of Shlomit Weiss as senior vice president and Co-GM of the Design Engineering Group.
View at TechPowerUp Main Site | Source