The website Gamers Nexus published what appeared to be an official document from Intl (NASDAQ:$INTC) indicating that the chip giant intended to launch its next-generation low-cost personal computer processors, known as Gemini Lake, sometime between October 23 and November 7th. 

The new processors are expected to include improvements in performance, efficiency, and integration, compared to the company’s current-generation Apollo Lake processors that power many low-cost notebook and desktop computers.

The chips have yet to be announced officially, let alone be available for purchase. It’s evident that this product family has been delayed, but what does this mean for Intel shareholders?

The upcoming Gemini Lake processors are targeted at a segment of the market that’s not particularly performance or feature sensitive. Indeed, one can purchase a laptop with Intel’s current generation Apollo Lake processors for as little as $330. The individuals who will buy such computers want devices that are cheap and handle basic tasks without issue. The current-generation Apollo Lake-based computers are quite capable of achieving that.

Around a month ago, Intel released its financial guidance for the current quarter and the numbers look reasonable. It expects $16.3 billion in sales and $4.8 billion in pre-tax income. That guidance reveals that Intel expects to continue to see healthy sales across its various business units, including its PC processor business.

So, to put it bluntly, a slight delay in the Gemini Lake chip isn’t going to have a noticeable impact on the company’s personal computer processor sales, and ultimately, its business results.

Featured Image: depositphotos/alexeynovikov