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Intel chief financial officer David Zinsner told analysts on Thursday that Intel sold more volume in its Raptor Lake chips than Lunar Lake, suggesting that customers preferred the higher-performance Raptor Lake chips that debuted in 2023 versus the latest Lunar Lake chip that launched last September.
Meanwhile, Zinsner suggested that Intel's future is extremely uncertain, due to the Trump administration's varying economic policy. "The very fluid trade policies in the U.S. and beyond, as well as regulatory risks, have increased the chance of an economic slowdown with the probability of a recession growing," Zinsner said. "This makes it more difficult to forecast how we will perform for the quarter and for the year, even as the underlying fundamentals supporting growth I discussed earlier remain intact."
Zinsner also gave an enormous range for the company's spending plans of between $8 billion and $11 billion, because Intel doesn't know what the future of the CHIPS Act might be.
Older, cheaper, higher-performance Intel CPUs are the favorite
The surprise, however, was how Intel's customers are dealing with tariffs — simply buying older products instead. Intel executives said that the Intel 7 process — the foundation of the Raptor Lake chips — was constrained, and so was production of the chip itself. That's because customers
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