Q2 Revenue $19.6B, flat YoY, $700m above non-GAAP guidance Intel said second-quarter revenue exceeded April guidance led by continued strength in the Client Computing Group (CCG) and strong recovery in both Intel's Internet of Things Group (IOTG) and the Enterprise portion of its Data Center Group (DCG). The PC and Mobileye businesses achieved record Q2 revenue. In the … [Read more...] about Intel Q2’2021 Results
Intel
Intel Q1 2021 results
Q1 revenue $19.7 billion, down 1% YoY, $1.1 billion above expectations. First-quarter revenue exceeded Intel’s January guidance by $1.1 billion, said the company, led by continued strong PC demand. PC unit volumes were up 38% YoY, and notebook volumes set a new Intel record. The company also saw an initial recovery of Enterprise and Government sales in the Data Center … [Read more...] about Intel Q1 2021 results
Intel’s latest report studies impacts on the US economy
Intel has released a third-party report titled “Intel’s Impacts on the US Economy.” This report claims to estimate the economic impact of Intel on the U.S. economy and the states where Intel has its largest U.S. presence: Arizona, California, New Mexico, and Oregon. The impact is defined in terms of employment, labor income, and gross domestic product using data from the fiscal … [Read more...] about Intel’s latest report studies impacts on the US economy
Intel takes care of business for Q4’2020 and plans for the future
Q4 revenue $20.8 billion, down 1% YoY, $2.6 billion above expectations. Fourth-quarter revenue was $20.0 billion, exceeding the company’s October guidance by $2.6 billion but down 1% year-over-year (YoY). Full-year revenue set an all-time Intel record of $77.9 billion, up 8% YoY. The company delivered impressive fourth-quarter earnings per share (EPS) of $1.42 ($1.52 on … [Read more...] about Intel takes care of business for Q4’2020 and plans for the future
Intel brings Pat Gelsinger back, and this time as CEO
CES surprise sees CEO Bob Swan out and former CTO Gelsinger back in. Under some pressure from activist investment firm Third Point, Intel has announced plans to bring in Pat Gelsinger to be the company’s CEO. Gelsinger, who had successfully run EMC and then VMware, was previously at Intel as the SVP and GM of the Digital Enterprise Group. The irony that absolutely nobody … [Read more...] about Intel brings Pat Gelsinger back, and this time as CEO
Intel reports Q3’2020 results with good news and bad news
The DG1 is shipping, Q3 revenue is down 4.7% YoY to $18.3 billion dollars—and the company is positioning itself for Q4 and a new year. For Q3 2020, Intel reported a decline in sales (revenue), profits, and margins even as even though more people bought PCs, as consumers and companies adjusted to work at home. Likewise, organizations and governments pulled back on data center … [Read more...] about Intel reports Q3’2020 results with good news and bad news
Intel Q2’2020 results
Q2 revenue up 19.4% YoY to $19.7 billion dollars. The new normal is not normal, and may not be again for a long time. Q2 which has traditionally been a down quarter was up for Intel year-to-year, and flat quarter-to-quarter. But Q3 is being guided down, and Intel still is dealing with manufacturing issues—the new normal. By midday the day after Intel’s report, AMD … [Read more...] about Intel Q2’2020 results
Intel Q1 2020 results
Q1 revenue up 23% year-over-year, to $19.8 billion dollars. The impact of the supply chain on downstream vendors has been shocking. Combined with massive layoffs and soaring unemployment, the economic engine of the world is traumatized and forecasting is all but impossible. Intel is not immune to any of that and, as a result, has reported a decrease in … [Read more...] about Intel Q1 2020 results
OEMs launch 100+ laptop designs with GeForce GPUs
Working at home demands good tools. Nvidia, Intel, and over 100 notebook OEMs introduce new, powerful, and affordable devices just in time to support the work-at-home mandates of the COVID-19 crisis. Intel announced the long-anticipated 10th gen H Core i7 mobile CPU with improved power management and 5G capability. Nvidia introduced the GeForce RTX 2080 Super and … [Read more...] about OEMs launch 100+ laptop designs with GeForce GPUs
Graphics chips get a boost in 2019, so what’s next?
As software applications increasingly take advantage of GPU features, customers take notice. PC GPU market shipments increased by 3.4% sequentially from last quarter but decreased year-to-year by -1.3%. The PC market has seen modest growth as the market rewards specialized hardware designs over low-cost “vanilla” PCs. The trends have favored workstations, gaming machines, and … [Read more...] about Graphics chips get a boost in 2019, so what’s next?