Intel teases plan to speed up chip advancements

Intel teases plan to speed up chip advancements

Illustration by Alex Castro / The Verge

Intel has struggled recently with getting its more advanced chip architectures out the door, but that might be changing soon. CEO Pat Gelsinger announced today on Intel’s Q2 earnings call that “7nm is progressing well,” and the company is gearing up to announce news on how its “accelerating its annual cadence of innovation with new advancements in semiconductor process and packaging,” at a webcast on Monday, July 26th.

The announcement comes alongside Intel’s Q2 earnings, where the semiconductor company managed to beat expectations and bring in $18.2 billion in revenue, up 2 percent year-over-year. Intel is feeling pretty optimistic about the future, too. It raised its 2021 outlook by an additional $1 billion to $73.5 billion, and now…

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