Intel CFO: the company will switch to 7-nanometer processors in mid-2021

The fact that AMD has long been mastered, Intel will submit very soon. According to George Davis, financial director of the company, the mass production of processors manufactured using the 7 nm process technology will begin in the second half of 2021. Then their marketing and advertising support starts.

The long production period of 10-nanometer processors means that we need to go through a long period of high costs,” he said. But the top manager expects that after 2023 the company’s revenues and profits will begin to grow significantly.

The top manager also answered the question of journalists regarding competition with AMD in the server market. According to Davis, competition in this segment will intensify in the next one and a half to two years.

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