Intel Announces How Much Money It Made [Güncel]

One of the world’s largest semiconductor manufacturers Intelshared its financial situation report for the first quarter of 2023. The company’s statements are not revealing at all. So much so that Intel revenues fell very seriously. In parallel, the company reported record loss. Let’s take a closer look at Intel’s financial data covering the January-March period.

In the past three months, Intel has 11.7 billion dollars made money. This figure was 36 percent lower than the first quarter of 2022. As a result, profitability also fell. However, instead of making a profit, the company $2.8 billion damaged. However, in the same quarter of last year, 8.1 billion dollars profit was made. The announced results reveal that Intel is in a huge crisis.

Intel’s revenues increased in a single line of business

Intel in the report data on business lines also shared. According to this; The processor division fell 38 percent to $5.8 billion, the data center and artificial intelligence divisions fell 39 percent to $3.7 billion, and network solutions fell 30 percent to $1.5 billion. The company named Mobileye, founded by Intel, was the only category in which Intel increased its revenues. mobileyeincreased its revenues by 16 percent to $458 million.

While the figures shared by the semiconductor giant are depressing, executives are facing a major crisis. they don’t see. David Zinsner, one of the senior managers, said that they have been disciplined about expense management for a while and they will continue to do so. Intel CEO Pat Gelsinger to be cautious He said that they will continue and focus on the IDM 2.0 strategy announced in 2021.