Intel

Gelsinger is returning after 10 years away from the company to shepherd it out of a crisis threatening its leadership of the chip industry.

The company said third-generation Xeon Scalable processors were undergoing a "volume ramp" on its 10nm production.

Data center chip sales to enterprises dropped due to weak economy; sales to cloud platforms are expected to slow in the current period.

The upcoming 3rd Gen Xeon Scalable processor will widely expand applicability of Intel SGX secure enclaves in data centers.

The timing for 7nm chips “is shifting approximately six months relative to prior expectations.”

Its two pillars of strength -- hardware for graphics and for AI in the data center -- have made it the third-largest chipmaker, behind TSMC and Samsung.

While Intel continues to report record sales, its rivals claim their products are now equal or better in performance and that Intel’s manufacturing delays make it more vulnerable to competition than it has been in years.