Intel kicks off the new year with a drop

Intel is also getting its share from the recent global chip crisis. After the successful performance of last year, first the recession and then the decline started.
 Intel kicks off the new year with a drop
READING NOW Intel kicks off the new year with a drop

Intel, which started the new year with a wide-ranging move with Alder Lake-based processors, unfortunately did not get what it wanted. Intel, whose revenues fell in the first quarter of the year, will especially focus on developing its casting strategy.

Intel in losses

According to the first quarter tables of the year, Intel experienced a decrease of around 7 percent while generating $18.4 billion in revenue. Profit margin also fell to 50 percent, losing 5 points. The hefty amount from McAfee stock sales helped Intel generate a net income of $8.1 billion. The increase was 141 percent.

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The data center group increased by 22 percent, generating $6 billion in revenue during this period. The network equipment group also increased by 23 percent with $2.2 billion. The foundry group, which started its operations by restructuring, also achieved an increase of 175 percent with 283 million dollars.

Alder Lake processors are expected to find a place in more systems during this period. In addition, Intel plans to increase the number of its customers by investing more in the foundry industry, which is considered a $1 trillion market. However, an increase in revenues is not expected.

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