[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the impact of the internal foundry model on design to cost decisions?
### Assistant: The internal foundry model will have an impact on design to cost decisions by creating parity between internal and external foundry customers, thereby driving a more efficient manufacturing cost structure.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How will the internal foundry model create parity between internal and external foundry customers?
### Assistant: The internal foundry model will create parity between internal and external foundry customers by providing a separate P&L for the manufacturing group.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the significance of the separate P&L for the manufacturing group at Intel?
### Assistant: The separate P&L for the manufacturing group has significance as it allows for a cleaner comparison of the BUs to their external fabless peers.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How will the separate P&L provide a cleaner comparison of the BUs to their external fabless peers?
### Assistant: The separate P&L will provide a cleaner comparison of the BUs to their external fabless peers by establishing a clear financial separation and accountability for the manufacturing group's operations.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What are the unique pools of profit that Intel believes they can access with the internal foundry model?
### Assistant: Intel believes that with the internal foundry model, they can access and execute on multiple pools of profit that are unique to an IDM, which none of their peers have.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the timeline for Intel's strategic road map?
### Assistant: Intel's strategic road map includes delivering on five nodes in four years, achieving process performance parity in 2024, and unquestioned leadership by 2025 with Intel 18A.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What are the upcoming releases in Intel's data center and AI road map?
### Assistant: The upcoming releases in Intel's data center and AI road map include Sapphire Rapids RAN, the launch of Emerald Rapids in the second half of '23, and Granite Rapids and Sierra Forest in 2024.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: When is Meteor Lake expected to ramp and when will Lunar Lake and Arrow Lake be launched?
### Assistant: Meteor Lake is expected to ramp in the second half of '23, while Lunar Lake and Arrow Lake are planned to be launched in 2024.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Which customer base is Intel expanding with their advanced packaging offerings?
### Assistant: Intel is expanding their IFS customer base with their advanced packaging offerings, including large design wins on Intel 16, Intel 3, and Intel 18A this year.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Who is the Chief Financial Officer of Intel?
### Assistant: The Chief Financial Officer of Intel is David Zinsner.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: When did Gordon Moore pass away?
### Assistant: The text does not mention when Gordon Moore passed away.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Intel's guiding principle as stewards of Moore's Law?
### Assistant: Intel's guiding principle as stewards of Moore's Law is "What can be done, can be outdone."


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What was Intel's first-quarter revenue?
### Assistant: Intel's first-quarter revenue was $11.7 billion.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Which business units exceeded expectations in the first quarter?
### Assistant: The business units that exceeded expectations in the first quarter were CCG, DCAI, IFS, and Mobileye.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did macro uncertainty impact Intel's gross margin in the first quarter?
### Assistant: Macro uncertainty impacted Intel's gross margin in the first quarter by modestly lowering it to 38.4% due to higher-than-expected inventory reserves tied to continued macro uncertainty.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What was Intel's EPS for the quarter?
### Assistant: Intel's EPS for the quarter was negative $0.04, which was $0.11 better than the guidance.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What was Intel's operating cash flow in Q1?
### Assistant: Intel's operating cash flow in Q1 was negative $1.8 billion.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much was Intel's net capex in Q1?
### Assistant: Intel's net capex in Q1 was $7 billion.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much adjusted free cash flow did Intel have in Q1?
### Assistant: Intel had an adjusted free cash flow of negative $8.8 billion in Q1.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much did Intel pay in dividends in Q1?
### Assistant: Intel paid dividends of $1.5 billion in Q1.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the current cash and investment balance of Intel?
### Assistant: The current cash and investment balance of Intel is more than $27 billion.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What changes were made within Intel's segment reporting?
### Assistant: Changes made within Intel's segment reporting include reporting client and data center-focused products from the former AXG business within the CCG and DCAI segments, respectively. Additionally, the silicon photonics and foundry automotive businesses have moved out of NEX and IFS and are now reported as part of all other revenue.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Which business unit achieved revenue of $5.8 billion in the first quarter?
### Assistant: The CCG (Client Computing Group) business unit achieved revenue of $5.8 billion in the first quarter.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What was the operating profit of the CCG business unit in Q1?
### Assistant: The operating profit of the CCG business unit in Q1 was $520 million, which was flat sequentially despite a 13% decline in revenue from Q4 and a decline in revenue year over year.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What were the revenue results for the DCAI business unit in Q1?
### Assistant: The revenue results for the DCAI (Data Center and AI) business unit in Q1 were $3.7 billion, which was ahead of expectations in Xeon, PSG, and AXG lines of business.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Which market segments saw significant TAM contraction in Q1?
### Assistant: The text does not specify which market segments saw significant TAM contraction in Q1.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Intel's expectation for demand in the second quarter?
### Assistant: Intel expects demand to remain soft in the second quarter.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did Intel's CPU market share perform in Q1?
### Assistant: Intel's CPU market share remained stable in Q1.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the fourth-generation Xeon Scalable processor referred to as?
### Assistant: The fourth-generation Xeon Scalable processor is referred to as Sapphire.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did Intel's revenue compare to guidance in the first quarter?
### Assistant: Intel's revenue in the first quarter was $700 million above the midpoint of the guidance.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What impacted Q1 margins for Intel?
### Assistant: Q1 margins for Intel were impacted by 300 basis points due to factory underload charges taken in the period.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did Intel manage expenses in the first quarter?
### Assistant: In the first quarter, Intel prudently and aggressively managed expenses near term.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Intel's long-term capital aspiration?
### Assistant: Intel's long-term capital aspiration is to balance their long-term capital aspirations with near-term realities using their smart capital strategy.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Intel plan to improve the lives of every person on earth using technology?
### Assistant: Intel plans to improve the lives of every person on earth using technology by using the power of technology to improve their lives.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What was Intel Rapids' operating loss in the last quarter?
### Assistant: Intel Rapids' operating loss in the last quarter was $518 million.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What factors contributed to Intel Rapids' operating loss?
### Assistant: The factors that contributed to Intel Rapids' operating loss were lower revenue, higher product costs, investment in leadership products on new process nodes, the merge of the AXG business, and inventory reserves tied to the exit of the server systems business.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How were DCAI margins affected by the merge of the AXG business and the exit of the server systems business?
### Assistant: The merge of the AXG business and the exit of the server systems business affected DCAI margins by diluting them.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Which business group delivered record revenue for the second consecutive quarter in Q1?
### Assistant: The Programmable Solutions Group delivered record revenue for the second consecutive quarter in Q1.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: By how much did the Programmable Solutions Group's revenue increase year over year in Q1?
### Assistant: The Programmable Solutions Group's revenue increased by 36% year over year in Q1.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What factors contributed to the lower-than-expected NEX revenue in the last quarter?
### Assistant: The lower-than-expected NEX revenue in the last quarter was driven by demand softness and elevated inventory levels in the network and edge markets, which were consistent with the overall industry.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did Mobileye perform in terms of revenue in the first quarter?
### Assistant: Mobileye performed well in terms of revenue in the first quarter, delivering record revenue of $458 million, which was up 16% year over year.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What was the operating income of Mobileye in Q1?
### Assistant: The operating income of Mobileye in Q1 was $123 million.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much did IFS revenue grow sequentially in the last quarter?
### Assistant: IFS revenue grew sequentially by 67% in the last quarter.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What factors impacted IFS's operating loss in the last quarter?
### Assistant: The factors that impacted IFS's operating loss in the last quarter were increased factory start-up costs as they invested in the strategic growth business.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Intel Rapids' target for spending reductions in 2023?
### Assistant: Intel Rapids' target for spending reductions in 2023 is $3 billion.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How are opex reductions trending compared to expectations?
### Assistant: Opex reductions are trending ahead of expectations.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What benefits has Intel Rapids seen from its shift to an internal foundry model?
### Assistant: Intel Rapids has seen benefits from its shift to an internal foundry model, including a reduction in disruptive factory expedites and increased focus on sort and test times.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Intel Rapids' revenue guidance for Q2?
### Assistant: Intel Rapids' revenue guidance for Q2 is $11.5 billion to $12.5 billion.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Why does Intel Rapids expect billings to trail consumption in certain markets in Q2?
### Assistant: Intel Rapids expects billings to trail consumption in certain markets in Q2 as customers focus on rightsizing operating inventories.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What gives Intel Rapids confidence in its long-term revenue opportunity?
### Assistant: Intel Rapids is confident in its long-term revenue opportunity due to the continued growth in demand for AI capabilities in the cloud, across the network, and at the edge, and the positioning of their CPU and accelerator portfolios to benefit from this market growth.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the forecasted gross margin for Q2?
### Assistant: The forecasted gross margin for Q2 is 37.5%.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much are factory underload charges projected to impact Q2 gross margins?
### Assistant: Factory underload charges are projected to impact Q2 gross margins by approximately 300 basis points.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What impact do inventory reserves on pre-PRQ products have on Q2 margins?
### Assistant: Inventory reserves on pre-PRQ products impact Q2 margins by approximately 250 basis points.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How will increased sample costs impact Q2 margins?
### Assistant: Increased sample costs in support of the Xeon product road map will impact Q2 margins by 40 basis points sequentially.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much is the expected benefit to operating margin from the useful life accounting change announced in January?
### Assistant: The expected benefit to operating margin from the useful life accounting change announced in January is approximately $500 million, split approximately 80% to cost of sales and 20% to opex.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How will underloaded factories impact Intel Rapids' business beyond the first half of the year?
### Assistant: Underloaded factories will impact Intel Rapids' business beyond the first half of the year as they sell through products with higher average unit costs.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Intel Rapids plan to deploy factory capacity in the future?
### Assistant: Intel Rapids plans to deploy factory capacity prudently as they operate within their smart capital framework.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Intel Rapids' smart capital framework?
### Assistant: Intel Rapids' smart capital framework is the framework they use to guide their deployment of factory capacity.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How has Intel Rapids communicated its plans for the future?
### Assistant: Intel Rapids has communicated its plans for the future through various means, including an investor webinar that will provide more detail on the financial and operational benefits of their internal foundry model.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Intel's expected net capex intensity for 2023?
### Assistant: Intel's expected net capex intensity for 2023 is in the low 30% of the revenue range.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much are the capital offsets expected to be in relation to gross capex?
### Assistant: The capital offsets are expected to be approximately 20% to 30% of gross capex.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What percentage of 2023 gross capex does IFS capacity represent?
### Assistant: IFS capacity represents approximately 10% of 2023 gross capex.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How will adjusted free cash flow improve throughout the year?
### Assistant: Adjusted free cash flow is expected to improve sequentially throughout the year and be positive in the second half of 2023.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What are Intel's long-term goals for revenue growth and free cash flow generation?
### Assistant: Intel's long-term goals are strong revenue growth and free cash flow generation.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Who is the Corporate Vice President of Investor Relations at Intel?
### Assistant: The Corporate Vice President of Investor Relations at Intel is John Pitzer.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Which analyst from UBS asked a question during the call?
### Assistant: The analyst from UBS who asked a question during the call is Timothy Arcuri.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What are the factors affecting Intel's gross margin for the rest of the year?
### Assistant: The factors affecting Intel's gross margin for the rest of the year include underutilization costs, pre-PRQ reserves, higher die costs from new products like Meteor and Sapphire, and loading the fab back up.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much are the pre-PRQ reserves impacting Intel's gross margin?
### Assistant: The pre-PRQ reserves impact Intel's gross margin by 250 basis points.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Which products are expected to have higher die costs?
### Assistant: The new products like Meteor and Sapphire are expected to have higher die costs.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How will the underloaded costs impact Intel's product costs?
### Assistant: The underloaded costs will impact Intel's product costs and create some cost headwinds even beyond the time when underutilization costs are no longer present.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Intel actively working on in terms of spending reductions?
### Assistant: Intel is actively working on $8 billion to $10 billion of spending reductions.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much spending reductions does Intel aim to achieve by the end of 2025?
### Assistant: Intel aims to achieve $8 billion to $10 billion of spending reductions by the end of 2025.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How many data center platforms does Intel plan to release in two and a half years?
### Assistant: Intel plans to release five data center platforms in two and a half years.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Are all of Intel's data center platforms E-core or P-core?
### Assistant: Not all of Intel's data center platforms are E-core or P-core, some are a mix of both.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How might the short release cycle of Intel's platforms impact customer investment leverage?
### Assistant: The short release cycle of Intel's platforms could potentially impact customer investment leverage as they may want to leverage their investments for a longer time.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the CEO's name at Intel?
### Assistant: The CEO's name at Intel is Pat Gelsinger.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the CEO's perspective on the question about platform ramping?
### Assistant: The CEO's perspective on the question about platform ramping is that it is a great question.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the CEO's response to the potential impediment of quick platform ramping?
### Assistant: The CEO's response to the potential impediment of quick platform ramping is not provided in the given text.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How confident is Intel in meeting and exceeding customer expectations for their products?
### Assistant: Intel is confident in meeting and exceeding customer expectations for their products as they deliver on their road map commitments.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the expected revenue growth trajectory for Intel throughout 2023?
### Assistant: The expected revenue growth trajectory for Intel throughout 2023 is to improve sequentially.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Intel's focus in terms of financial results and execution?
### Assistant: Intel's focus in terms of financial results and execution is on what they can control and the prioritization of their owner's capital towards their long-term goals.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Intel plan to prioritize their owner's capital?
### Assistant: Intel plans to prioritize their owner's capital towards their long-term goals.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What percentage of gross capex is expected to be weighted to the first half?
### Assistant: A percentage of gross capex is expected to be weighted to the first half, but the specific percentage is not mentioned in the given text.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: When does Intel expect adjusted free cash flow to be positive in 2023?
### Assistant: Intel expects adjusted free cash flow to be positive in the second half of 2023.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What are the platforms that Intel is currently offering?
### Assistant: The platforms that Intel is currently offering are Sapphire and Emerald Gen 4 and Gen 5, Sierra Forest and Granite Rapids, and Clearwater Forest.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How many products has Intel discussed in relation to their platforms?
### Assistant: Intel has discussed five products in relation to their platforms.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Intel's platform benefit customers?
### Assistant: Intel's platform benefits customers by allowing them to leverage their platform investments in a substantial way, providing value add and differentiation through unique feature capabilities, and enabling them to see the value in the underlying platforms being delivered.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the current market share forecast for Sapphire Rapids?
### Assistant: The current market share forecast for Sapphire Rapids is on track and better than forecasted in Q1.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What are some unique feature capabilities of Intel's platforms?
### Assistant: Some unique feature capabilities of Intel's platforms include new use cases for AI inferencing, increasing security capabilities, and a healthy roadmap for the data center business.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How did Intel perform in the data center business in the last quarter?
### Assistant: Intel performed well in the data center business in the last quarter, with increasing momentum from their customers.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the expected timing for the normalization of PC CPU inventory?
### Assistant: The normalization of PC CPU inventory is expected to occur exiting the June quarter.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much did Intel undersell into the market in Q1?
### Assistant: Intel undersold into the market by about 20% in Q1.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the projected sell-through TAM for the year?
### Assistant: The projected sell-through TAM for the year is 270 million units.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Intel's inventory position at the end of the first half of the year look?
### Assistant: Intel's inventory position at the end of the first half of the year is very healthy for both OEMs and the channel.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the expected improvement in the second half of the year for Intel?
### Assistant: There is expected to be a natural improvement and stronger second half of the year for Intel.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the current inventory level on Intel's balance sheet?
### Assistant: The current inventory level on Intel's balance sheet is about 155 days.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Intel plan to ramp up production in response to inventory depletion?
### Assistant: Intel plans to ramp up production in response to inventory depletion as they start to burn through inventory and normalize back up to the level of end consumption.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Will Intel be fully ramped by the end of the year?
### Assistant: Intel may not be fully ramped by the end of the year, but they will be improving the ramp through the year.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What feedback has Intel received from customers regarding Sierra and Granite?
### Assistant: Intel has received positive feedback from customers regarding Sierra and Granite, with comments such as "wow" and recognition of delivering high-quality products.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How are customers reacting to Intel's scheduled windows for Sierra and Granite?
### Assistant: Customers are reacting positively to Intel's scheduled windows for Sierra and Granite, acknowledging that Intel is delivering on time.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What phase of validation are customers currently in for Sierra and Granite?
### Assistant: Customers are currently in the volume validation phase for Sierra and Granite.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How would you describe the quality of Intel's products according to customer feedback?
### Assistant: According to customer feedback, the quality of Intel's products is very high.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What use cases for AI inferencing are being explored on Intel's platform?
### Assistant: Use cases for AI inferencing being explored on Intel's platform include new applications and capabilities.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What security capabilities have been disclosed by Intel?
### Assistant: Intel has disclosed increasing security capabilities on their platform.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How is Intel's roadmap for the data center business looking?
### Assistant: Intel's roadmap for the data center business is looking very healthy.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What momentum is Intel experiencing from its customers?
### Assistant: Intel is experiencing increasing momentum from its customers.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Intel plan to leverage its platform across a broader market space?
### Assistant: Intel plans to leverage its platform across a broader market space by delivering value add and differentiation through unique feature capabilities.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the significance of the Sapphire and Emerald Gen 4 and Gen 5 platforms?
### Assistant: The Sapphire and Emerald Gen 4 and Gen 5 platforms are significant because they are the same platform, allowing customers to leverage their investments in a substantial way.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the upcoming platform that Intel will be launching after Clearwater Forest?
### Assistant: The upcoming platform that Intel will be launching after Clearwater Forest is Meteor Lake.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the importance of the validation cycle for Intel platforms?
### Assistant: The validation cycle is very important for Intel platforms as it allows them to assess when they are ready to move forward with the production of software and firmware parts. It helps them ensure that the platform is functioning properly and meets the necessary standards for performance and reliability.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How are customers responding to Intel's E-core and P-core parts?
### Assistant: Customers are responding positively to Intel's E-core and P-core parts. Both the first E-core part with Sierra Forest and the next-generation P-core part with Granite Rapids have received a warm response. This indicates that customers are rebuilding their confidence in Intel and its products.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Intel plan to rebuild customers' confidence in their products?
### Assistant: Intel plans to rebuild customers' confidence by demonstrating strong performance not only in current products like Sapphire Rapids and Emerald Rapids Gen 5, but also in next year's products. They aim to position themselves strongly in the data center market, particularly with the E-core products like Clearwater Forest, which have generated a strong belief in Intel's execution capabilities for future data center products.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What data center trends are affecting Intel's performance?
### Assistant: The data center market has been impacted by trends in enterprise and cloud. While there was a down quarter for enterprise and cloud, Intel is encouraged by some positive signs. They have seen better-than-forecast market segment share in Q1 and green shoots in the Chinese market. However, the first half of the year may still be affected by inventory digestion in the cloud market.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How is Intel performing competitively in the cloud market?
### Assistant: Intel is improving its competitiveness in the cloud market. While there was a down quarter, they are seeing positive trends and a better market position. They have also seen strength in data center driven by AI, and their Gaudi2 product line has received a very positive response. This indicates that Intel is making progress in the cloud market and addressing customer needs.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What positive characteristics are emerging in the Chinese market for Intel?
### Assistant: Intel is seeing positive characteristics in the Chinese market. They have observed green shoots for the first time in China, which suggests that the market is starting to show some positive signs. This is encouraging for Intel's overall performance and market position.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How is AI driving strength in the data center market for Intel?
### Assistant: AI is driving strength in the data center market for Intel. They have seen a very positive response to their Gaudi2 product line, which is contributing to the strong ramp for Gen 4 Sapphire Rapids. AI is an important trend in the data center market, and Intel's focus on democratizing AI and enabling broad deployment of inferencing is helping them capitalize on this trend.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Intel's strategy for democratizing AI?
### Assistant: Intel's strategy for democratizing AI involves making AI broadly available and enabling its deployment in various environments. They aim to make AI accessible beyond super high-end machines, which are uneconomical for most environments. This involves leveraging the strengths of their core Xeon product line to provide competitive alternatives and enable the widespread use of AI.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What are the strengths of Intel's core Xeon product line in enabling AI deployment?
### Assistant: The core Xeon product line has particular strengths that make it well-suited for enabling AI deployment. These strengths surpass those of prior generations and competitive alternatives. Intel expects this product line to be a strong area for them in the long term, especially in supporting the broad deployment of inferencing and AI applications.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: When can we expect the underutilization charges to go away for Intel?
### Assistant: The timeframe for the underutilization charges to go away for Intel is not explicitly mentioned in the provided text. It would require additional information or context to determine when these charges may no longer impact Intel's financials.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How do underutilization charges impact Intel's gross margin?
### Assistant: Underutilization charges have been a 300 basis point headwind for Intel's gross margin for two consecutive quarters. These charges negatively impact Intel's profitability and financial performance.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What factors contribute to the underutilization charges for Intel?
### Assistant: The underutilization charges for Intel are likely driven by factors such as lower demand for certain products or manufacturing inefficiencies. The text does not provide specific details about the factors contributing to these charges.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How do new product introductions affect the pre-PRQ charges for Intel?
### Assistant: New product introductions can impact the pre-PRQ charges for Intel. The frequency of new product introductions may result in higher pre-PRQ charges as Intel invests in research, development, and production readiness for these new products. However, the text does not provide explicit information on the precise relationship between new product introductions and pre-PRQ charges.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Are the pre-PRQ charges expected to decrease in the near future?
### Assistant: The text does not mention whether the pre-PRQ charges are expected to decrease in the near future. Additional information or context would be needed to determine the expected trajectory of these charges.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What are the puts and takes on the underutilization charges and pre-PRQ for Intel?
### Assistant: The puts and takes on the underutilization charges and pre-PRQ for Intel are not explicitly discussed in the provided text. It would require further information or context to understand the specific factors influencing these charges and their impact on Intel's financial performance.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How is Intel's market segment share in the data center industry?
### Assistant: The provided text does not mention Intel's market segment share in the data center industry. No specific information is available to address this question.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What are the green shoots that Intel is seeing in the Chinese market?
### Assistant: The positive characteristics emerging in the Chinese market for Intel are not explicitly mentioned in the provided text. No specific details are available to answer this question.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How is Gaudi2 performing in the market and impacting Intel's pipeline?
### Assistant: The text mentions that Intel is seeing a very positive response to their Gaudi2 product line. This indicates that Gaudi2 is performing well in the market and contributing to the growth of Intel's pipeline for that product line.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the significance of AI in driving strength in the data center market for Intel?
### Assistant: AI is significant in driving strength in the data center market for Intel. It is identified as a driver of strength in the data center market, with AI applications being a key use case. Intel's focus on AI and their product offerings in this area, such as Gaudi2, are contributing to their performance and market position.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Intel's core Xeon product line compare to competitive alternatives in AI deployment?
### Assistant: The core Xeon product line has strengths that differentiate it from competitive alternatives in AI deployment. These strengths are not explicitly mentioned in the provided text, so additional information or context would be needed to provide a detailed comparison.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How is Intel addressing the need for broad deployment of inferencing in AI?
### Assistant: Intel addresses the need for broad deployment of inferencing in AI by democratizing AI. Their strategy involves making AI broadly available and enabling its deployment in various environments. This includes leveraging the strengths of their core Xeon product line to provide competitive alternatives and support the widespread use of inferencing.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What are the strengths of Intel's core Xeon product line in enabling broad AI deployment?
### Assistant: The strengths of Intel's core Xeon product line in enabling broad AI deployment are not explicitly mentioned in the provided text. Further information or context would be necessary to provide specific details about these strengths.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How is Intel's gross margin impacted by underutilization charges?
### Assistant: The text does not provide explicit information on how underutilization charges impact Intel's gross margin. Additional context or information would be needed to address this question.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the trigger point for the underutilization charges to go away for Intel?
### Assistant: The provided text does not mention a trigger point for the underutilization charges to go away for Intel. It would require additional information or context to determine when these charges may cease to impact Intel's financials.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How do underutilization charges and pre-PRQ impact Intel's financial performance?
### Assistant: The underutilization charges and pre-PRQ impact Intel's financial performance by creating headwinds for their gross margin. These charges and costs contribute to lower profitability and may affect the overall financial results of the company.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What effect did Intel experience with Sapphire Rapids?
### Assistant: Intel experienced an effect with Sapphire Rapids midway through last year, although the specific effect is not mentioned in the given text.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the significance of the second quarter for Intel?
### Assistant: The second quarter is significant for Intel because they expect it to be a pretty significant quarter for them in terms of underload charges.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Why does Intel need to bring down their inventory levels?
### Assistant: Intel needs to bring down their inventory levels because it is partially related to underloading charges and partially related to revenue.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: When does Intel expect to see an improving situation in terms of underloads?
### Assistant: Intel expects to see an improving situation in terms of underloads in the third and fourth quarter.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What charges might Intel face due to underload?
### Assistant: Intel might face period cost underload charges due to underload.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How long does Intel expect to have higher cost per unit?
### Assistant: Intel expects to have higher cost per unit for a couple of quarters after underload due to the cost of the products.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Intel's plan for loading up their factory network?
### Assistant: Intel's plan is to load their factory network back up.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Who is the Corporate Vice President of Investor Relations at Intel?
### Assistant: The Corporate Vice President of Investor Relations at Intel is John Pitzer.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Which analyst asked the next question during the conference call?
### Assistant: The analyst from Cowen and Company who asked the next question during the conference call is Matt Ramsey.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Intel's progress on their node roadmap?
### Assistant: Intel has made progress on their node roadmap, with two out of five nodes completed (Intel 7 and Intel 4).


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How many nodes has Intel completed out of the five in four years?
### Assistant: Intel has completed two out of the five nodes in their roadmap.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What are the two major innovations in Intel's 20A and 18A nodes?
### Assistant: The two major innovations in Intel's 20A and 18A nodes are RibbonFET, the gate all-around transistor architecture, and backside power.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What benefits did Intel see from the backside power technology?
### Assistant: Intel saw benefits from the backside power technology, including power delivery improvements and routability improvements.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Which products will be primarily focused on in the 20A node?
### Assistant: The 20A node will primarily focus on client products.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What types of products will be included in the 18A node?
### Assistant: The 18A node will include server products, client products, networking products, and many foundry products.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What milestone did Intel achieve in this quarter regarding their foundry business?
### Assistant: In this quarter, Intel achieved the milestone of having their first foundry test chips coming out.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Intel's goal for the cost structure of their 18A node?
### Assistant: Intel's goal for the cost structure of their 18A node is to achieve structural cost parity with the best in the industry.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Intel view their structural cost compared to the industry?
### Assistant: Intel views their structural cost as being the best in the industry at that point.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Intel's focus in terms of power and performance?
### Assistant: Intel's focus in terms of power and performance is to achieve node parity and node leadership.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the name of the analyst from Cowen and Company who asked the question?
### Assistant: The analyst from Cowen and Company who asked the question is Matt Ramsey.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the role of Pat Gelsinger at Intel?
### Assistant: Pat Gelsinger is the Chief Executive Officer at Intel.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the current status of Intel 7 and Intel 4 nodes?
### Assistant: The current status of Intel 7 and Intel 4 nodes is that Intel 7 is done, and Intel 4 is in the volume ramp stage.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What are the names of the upcoming nodes after Intel 4?
### Assistant: The names of the upcoming nodes after Intel 4 are Intel 3, Granite, and Sierra Forest.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What types of products will be included in the 20A node?
### Assistant: The 20A node will primarily include client products.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What affirmation did Intel receive from external customers regarding their 18A node?
### Assistant: Intel received affirmation from external customers regarding their 18A node through the successful testing of the first foundry test chips.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Intel's goal for achieving cost structural parity?
### Assistant: Intel's goal for achieving cost structural parity is to benchmark itself against the industry best and deliver a margin structure at the wafer level that is competitive with the industry price for wafers.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Intel measure its P&L in the internal foundry model?
### Assistant: Intel measures its P&L in the internal foundry model by benchmarking itself against the industry best and ensuring that its margin structure at the wafer level is competitive.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What was discussed during Intel's DCAI roadmap day?
### Assistant: During Intel's DCAI roadmap day, discussions were held about the next-generation platform, including changes in package architecture, power delivery architecture, memory channel, and memory scalability with CXL technology.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Is Diamond Rapids still on Intel's road map?
### Assistant: It is not mentioned whether Diamond Rapids is still on Intel's road map.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What changes will be made to the platform architecture in the next-generation product?
### Assistant: The next-generation product will introduce changes in platform architecture, including package architecture, power delivery architecture, memory channel, and memory scalability with CXL technology.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How are Intel's road map updates being received by customers?
### Assistant: According to the conversation, Intel's road map updates are being well received by customers, both in the enterprise and cloud markets.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Intel anticipate its gross margin to fluctuate until the end of 2025?
### Assistant: Intel anticipates its gross margin to be volatile and difficult to read until the end of 2025 due to various costs associated with different nodes and processes.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What factors contribute to the 20-point gap in Intel's historic margins?
### Assistant: The 20-point gap in Intel's historic margins is attributed to a combination of factors, including a scale issue due to the recent shrinkage of the business and the high cost per unit of the 10-nanometer node.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does the scale of Intel's business impact its margins?
### Assistant: The scale of Intel's business impacts its margins, with a recent shrinkage in the business contributing to the 20-point gap in historic margins.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What challenges does Intel face with its 10-nanometer node?
### Assistant: Intel faces challenges with its 10-nanometer node, specifically in terms of the high cost per unit.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Intel expect its cost base to improve with the Intel 4 node?
### Assistant: Intel expects its cost base to improve with the Intel 4 node, which will provide a competitive cost base in its manufacturing.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Can Intel provide an estimate of the improvement in pricing power or earnings power with the Intel 4 node?
### Assistant: The conversation does not provide a specific estimate of the improvement in pricing power or earnings power with the Intel 4 node.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the significance of the 18A milestone for Intel's cost structure?
### Assistant: The 18A milestone is significant for Intel's cost structure as it represents the point where the company aims to achieve cost structural parity and deliver a margin structure at the wafer level that is competitive with industry standards.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Intel make improvements to its process technology along the way?
### Assistant: Intel makes improvements to its process technology along the way by continuously benchmarking itself against industry best practices and ensuring competitiveness in terms of margin structure at the wafer level.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Intel plan to regain its competitive position in terms of gross margin?
### Assistant: Intel plans to regain its competitive position in terms of gross margin by benchmarking itself against industry best practices and delivering a margin structure at the wafer level that is competitive with the industry price for wafers.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Intel's strategy for addressing the high cost per unit of the 10-nanometer node?
### Assistant: Intel's strategy for addressing the high cost per unit of the 10-nanometer node is not explicitly stated in the conversation.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Intel plan to achieve a competitive cost base in its manufacturing?
### Assistant: Intel plans to achieve a competitive cost base in its manufacturing by introducing the next-generation platform, which will bring changes to package architecture, power delivery architecture, memory channel, and memory scalability with CXL technology.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the timeline for Intel to reach the appropriate cost structure for delivering desired margins?
### Assistant: The timeline for Intel to reach the appropriate cost structure for delivering desired margins is not explicitly mentioned in the conversation.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Intel benchmark itself against industry best practices?
### Assistant: Intel benchmarks itself against industry best practices to ensure competitiveness in terms of margin structure at the wafer level.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Intel ensure platform compatibility in its server road map?
### Assistant: The conversation does not provide specific details about how Intel ensures platform compatibility in its server road map.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the significance of Clearwater Forest and Granite in Intel's server road map?
### Assistant: Clearwater Forest and Granite are mentioned in Intel's server road map, but their significance is not explicitly stated in the conversation.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Intel's CXL technology contribute to memory scalability?
### Assistant: Intel's CXL technology contributes to memory scalability by providing key steps in memory scalability with its power delivery architecture.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How are Intel's road map updates received by enterprise customers?
### Assistant: The conversation does not provide specific details about how Intel's road map updates are received by enterprise customers.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How are Intel's road map updates received by cloud customers?
### Assistant: The conversation does not provide specific details about how Intel's road map updates are received by cloud customers.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Intel's gross margin impact its overall financial performance?
### Assistant: Intel's gross margin impacts its overall financial performance as it is an important indicator of the company's profitability and cost efficiency.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the strategy that Pat is driving at Intel?
### Assistant: The strategy that Pat is driving at Intel is the implementation of five nodes in four years, which aims to achieve competitive process technology from a cost perspective.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does the strategy create headwinds on the cost side?
### Assistant: The strategy creates headwinds on the cost side because of the start-up costs associated with stacking nodes on top of each other. This results in hundreds of basis points of headwind for Intel.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What are the start-up costs that Intel is incurring?
### Assistant: The start-up costs that Intel is incurring are the significant higher start-up costs associated with implementing the five nodes in four years strategy.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does Intel plan to overcome the start-up costs?
### Assistant: Intel plans to overcome the start-up costs by working their way through them. Once they are on the other side of implementing the five nodes in four years, they expect to have a competitive process technology from a cost perspective.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What are the benefits of the scale of revenue that Intel expects?
### Assistant: The benefits of the scale of revenue that Intel expects include increased margins and the ability to achieve $8 billion to $10 billion of savings by 2025.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is the internal foundry model and how does it impact cost?
### Assistant: The internal foundry model is a strategy that Intel is implementing to drive attention on cost. It is expected to contribute to the $8 billion to $10 billion of savings that Intel expects to achieve by 2025.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How much savings does Intel expect to achieve by 2025?
### Assistant: Intel expects to achieve $8 billion to $10 billion of savings by 2025.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: What is Intel's model for gross margins?
### Assistant: The model for gross margins at Intel includes changing the depreciation, which incrementally raises the target.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: How does the depreciation change the target for gross margins?
### Assistant: The depreciation changes the target for gross margins by incrementally raising it.


[INST] <<SYS>>
Use the provided conversation to generate a relevant answer. If the new question is related to the prior context, use that information to provide a more detailed answer. If the new question is not related to prior context, provide a standalone answer.
<<\/SYS>>

### Human: Is Intel on pace to achieve their gross margin targets?
### Assistant: According to the conversation, Intel believes they are on track to achieve their gross margin targets.