Intel CEO Pat Gelsinger made some bold claims at the Credit Suisse Technology Conference. Responding to AMD’s rapid gains in the x86 CPU market (both consumer and server), he stated that “I haven’t lost share to AMD, I’ve given share to AMD, because they didn’t have the capacity, right. So a lot of this is just catching up to our growing market and years of under-investment.”
Talking about the newly launched 12th Gen Alder Lake-S processors, Gelsinger stated that the chipmaker is on track to snatch back the lost client market share. Claiming that the 7nm chips are faster than the competition across the board, he stated that Intel has been gaining market over the last few quarters, and the new launch will only accelerate that.
This, however, goes directly against what we’ve been seen in most markets. The Alder Lake CPUs are still selling a fair bit less than the Ryzen 5000 processors for multiple reasons. Firstly, supply: The 12th Gen Core lineup is still far from capable of meeting the increasing demand and is scarce among the top-sellers on Amazon, Newegg, and other major retailers. The Ryzen 5 5600X, Ryzen 7 5800X, and the Ryzen 9 5900X continue to outsell their Intel rivals. Not even a single Alder Lake SKU is among the top 12 bestsellers on Amazon.
Secondly, DDR5 memory: DDR5 memory is pretty much out of stock everywhere. The few retailers that do have a few units are selling it for highly exaggerated prices. Thirdly, no budget boards: At the moment, only the top-end Z690 boards are available. The budget offerings, including the H610, B660, as well as the Core i5-12400F, 12500F, and 12600 are yet to launch. Intel generally sells much more of its budget offerings compared to the higher-end SKUs.
Pat was less optimistic about the server segment. Expecting AMD to respond with its 5nm Epyc Genoa and Bergamo processors in 2022, he said that the server market will be a little bit nip and tuck over the next few years, with the two archrivals struggling to maintain “unquestioned leadership”. Limited supply and capacity will keep the market more or less static. He hopes for capacity and product leadership in the future.