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Intel earnings call reveals strong revenue despite delays in 10nm chips |
April 27, 2018
Intel's first-quarter earnings call on Thursday revealed a new name for its roadmap: Whiskey Lake, which will debut as a consequence of a delay in 10nm volume manufacturing until 2019. Intel did say, though, that it's shipping low volumes of its 10nm Cannon Lake processor now. Intel reported outstanding first-quarter profits of $4.5 billion, a 50 percent boost over the same quarter a year ago, as well as record revenues of $16.1 billion for the first quarter of 2018. "Coming off a record 2017, Q1 is off to a strong start," Brian Krzanich, the company's chief executive told analysts in a Thursday conference call.Intel’s revenues were buoyed yet again by its Data Center Group, which reported a 23 percent boost in revenue to $5.2 billion. Intel’s Non-Volatile Memory Solutions Group, which produces flash memory and Optane, grew by 20% to $1.0 billion. Intel’s PC-centric Client Computing Group is still its largest, at $8.2 billion in revenue, but that business grew just 3 percent, evidence of a PC market that has begun to stabilize over the last 12 to 18 months. To read this article in full, please click here
Link: https://www.pcworld.com/article/3269449/components-processors/intel-earnings-call.html#tk.rss_all
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