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from the will-AMD's-fortunes-be-Ryzen,-too? dept.
Intel results beat estimates, warns of potential security flaw fallout
Intel Corp on Thursday gave a bullish forecast and blew past Wall Street profit and revenue expectations for the fourth quarter on the strength of data center sales, the business it sees as key to its transformation from a PC supplier.
[...] Intel Chief Executive Brian Krzanich said the company would start shipping chips later this year with “silicon-based changes” to protect against the so-called Spectre and Meltdown security threats.
Revenue from the company’s higher-margin data center business rose about 20 percent to $5.58 billion, beating the average analyst estimate of $5.13 billion, according to Thomson Reuters I/B/E/S. Revenue from Intel’s PC group hit $9 billion for the quarter, a 2 percent decline from the year before, but ticked up 3 percent for the year to $34 billion.
Intel predicted $65 billion in revenue for 2018, well above expectations of a $63.7 billion forecast.
In an interview ahead of Intel’s earnings call with investors, Chief Financial Officer Bob Swan said the company sees no “meaningful impact” on corporate earnings as a result of the security vulnerabilities, reiterating an assessment the company made on Jan. 3.
(Score: 2) by DannyB on Friday January 26 2018, @09:05PM (1 child)
I continue to read articles about how more and more is learned about Intel Management Engine -- with an eventual goal of exploiting it. I have no doubt it will eventually happen. It is only a matter of thyme.
So when there is a new sooper dooper exploit that is undetectable by any known method, and has absolute power regardless of OS, what effect will that have on Intel?
I believe that the day is coming when Intel will regret ever hearing the words "management engine".
We already worry about trusting the binaries of our compilers. And our OSes. And the BIOS. Now we have to worry about the microprocessor which has compromise baked in, and touted as if it were a feature!
I think Meltdown will be the least of Intel's problems over the long term.
What a sad architecture with over four decades of baggage!
To transfer files: right-click on file, pick Copy. Unplug mouse, plug mouse into other computer. Right-click, paste.
(Score: 2) by mrpg on Friday January 26 2018, @10:07PM
The question now is "how will this affect Intel in the future?"
I have a different question:
What happened with this?
http://www.popularmechanics.com/military/a9062/why-the-nsa-prism-program-could-kill-us-tech-companies-15564220/ [popularmechanics.com]
Why the NSA Prism Program Could Kill U.S. Tech Companies
Now in 2017 I ask, how did that affect US economy?