Q4 loss at Intel
Intel had a Q4 loss of $700 million on revenues down 32% y-o-y at $14 billion.
By David Manners, ElectronicsWeekly (January 27, 2023)
“Clearly the financials aren’t what we hoped for, but we’re also pleased with the execution process we made,” said CEO Pat Gelsinger “the macro is difficult. It was difficult in Q4. We expect it to remain difficult as we go through the first half of the year, but we’re laser focused on controlling the things that we can.”
![]() |
E-mail This Article | ![]() |
![]() |
Printer-Friendly Page |
Related News
- GPU market up - Intel and Nvidia graphics winners in Q4, AMD down
- Intel Leads Unexpectedly Large Decline in Semiconductor Market Inventory in Q4
- Cadence Joins Intel Foundry Accelerator Design Services Alliance
- InPsytech Joins Intel Foundry Accelerator IP Alliance to Boost HPC, AI, And Automotive Applications
- Intel's New CEO Called "Strong Choice" to Respin Company
Breaking News
- intoPIX Powers Ikegami's New IPX-100 with JPEG XS for Seamless & Low-Latency IP Production
- Tower Semiconductor and Alcyon Photonics Announce Collaboration to Accelerate Integrated Photonics Innovation
- Qualcomm initiates global anti-trust complaint about Arm
- EnSilica Agrees $18m 7 Year Design and Supply ASIC Contract
- SiliconIntervention Announces Availability of Silicon Based Fractal-D Audio Amplifier Evaluation Board
Most Popular
- Qualcomm initiates global anti-trust complaint about Arm
- Siemens acquires Altair to create most complete AI-powered portfolio of industrial software
- Alphawave Semi Reveals Suite of Optoelectronics Silicon Products addressing Hyperscaler Datacenter and AI Interconnect Market
- EnSilica Agrees $18m 7 Year Design and Supply ASIC Contract
- Rapidus Announces Strategic Partnership with Quest Global to Enable Advanced 2nm Solutions for the AI Chip Era