Altera to tape out on 14nm in Q1

Altera had Q3 over Q2 growth of 2% – the company’s sixth quarter of sequential growth. Q3 revenue of $499 million was 12% up on Q3 2013.

Net income was $118 million down from $127 million in Q2 and $119 million in Q3 2013.

Q4 is expected to be down 2-6% on weakness in networking and wireless.

28nm revenue was $94 million, a 30% sequential growth rate.

Altera expects to tape out on Intel’s 14nm finfet process in Q1 and “have silicon in the summer”, says CEO John Daane.

The company will not use TSMC’s planar 20nm process for high end products. In terms of power, that would not make sense, says Daane. But Altera will use 20nm for mid-range products.

As for the next node, Daane says: “It is far too early for us to discuss what our plans are and what we’re doing right now for 10nm.”

david manners

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via Yuichun