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
Mobileye
Intel places $15 billion bet on computer vision
Jerusalem-based Mobileye has emerged as a leader in computer vision for transportation; now it will be part of Intel. Intel and computer vision specialist Mobileye today announced Intel will acquire Mobileye in an all-cash offer for approximately $15.3 billion. An Intel subsidiary will make an offer for all outstanding ordinary shares of Mobileye stock for $63.54 per share in … [Read more...] about Intel places $15 billion bet on computer vision