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Intel blames production shortfall on strong demand

By Peter Clarke, Oct. 10, 2018 – 

The additional billion dollars of capex will be spent at 14nm manufacturing sites in Oregon, Arizona, Ireland and Israel.

The letter acknowledges "the challenge" of supplying processors for personal computers but puts it down to a "surprising return to PC TAM growth." It also states that Intel is prioritizing the high-performance part of the market and accepts that at the entry-level "supply is undoubtedly tight." Swan adds that Intel is still on track to meet full-year revenue expectations.

There are reports that Intel's inability to supply is providing an opportunity to rival Advance Micro Devices .

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