Intel Smashes Quarterly and Full-Year Revenue Records with Big Earnings in Data Center

[Tsing]

Image: Intel



Despite the sensationalism surrounding its processor business, Intel is doing perfectly fine. The company has released its latest financial results, which are positively mouthwatering: fourth quarter revenue was $20.2 billion, while full-year (2019) revenue was a stunning $72 billion. These are actually new records for Intel (an 8 percent and 2 percent year-over-year improvement, respectively).



In terms of growth, Data Center was the big winner. This platform raked in 7.2 billion, a 19 percent increase over last year’s Q4 performance. Intel credited that to “robust demand from cloud service provider customers and a continued strong mix of high-performance 2nd-Generation Intel Xeon processors.”...

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[Zarathustra]

Hehe.

Just goes to show how hard Intel is to beat. They are so entrenched that even when they are having serious problems, they still have record breaking earnings.

 

[David_Schroth]

Testing to see if this subscribes my forum account.