Intel has confirmed that it will be releasing its Tiger Lake processors sometime in mid-2020. These are 10 nm+ mobile PC chips integrated with the company’s new Xe graphics architecture, which should provide significant gains over the current generation’s UHD and Iris Plus iGPUs (Gen11).
The news comes from Intel’s Q1 2020 earnings report and presentation to investors. Despite the level of competition coming from AMD these days, the company has managed to set new revenue records once again.
- First-quarter revenue was $19.8 billion, up 23% year-over-year (YoY). Data-centric revenue* grew 34 percent and PC-centric revenue grew 14 percent YoY.
- First-quarter GAAP earnings-per-share (EPS) was $1.31, up 51 percent YoY; non-GAAP EPS of $1.45 was up 63 percent.
- Generated $6.2 billion cash from operations and $2.9 billion of free cash flow while strengthening liquidity with $10.3 billion in new debt and suspension of share buybacks.
- Expecting second-quarter revenue of $18.5 billion; GAAP EPS of $1.04 and non-GAAP EPS of $1.10; not providing full-year guidance given significant economic uncertainty.