Intel shares fall as it lays out chip-production road map to 2025.
Intel Corp. shares declined steadily in the extended session Monday after the chip maker revealed its “road map” and repackaging plans for its future products.
Intel said it is changing how it refers to its semiconductors, breaking with the convention used since 1997 of using nanometers, or “nm,” to denote the size of each transistor that goes on a computer chip, with the general rule being that smaller transistors are faster and more efficient in using power. Intel delayed release of its 7-nm chip out to late 2022 last year, after smaller rival Advanced Micro Devices Inc. AMD, -0.36% started rolling out its 7-nm chip in the summer of 2019.
Intel said it would start producing its “Intel 7” chip in the first quarter of 2022, with the “Intel 4” scheduled for production in the second half of 2022, and the “Intel 3” being produced in the second half of 2023.
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