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Data centers drive Intel’s quarterly results

Data centers, and their expansion, have made intel results are better than expected last quarter of your fiscal year 2021. Thus, the company’s income in that period reached 19,500 million dollars, with an improvement of 1.09 dollars per share. Within its divisions, the aforementioned Data Center division has grown by 17% year-on-year in volume of units, in addition to an increase in the average sale price of 4%.

Total, its income grew 20% to 7,300 million dollars, and 10% compared to the third quarter of 2021. These figures do not include the sales and results of Intel’s NAND Flash components division, which is immersed in the development of its sale process to SK Hynix after completing its first phase.

As for its Client Computing division, which includes PC components, revenue fell 7% to $10.1 billion. By areas, the division registered a 7% increase in sales of chips for desktop computers compared to the same period in 2020. It also registered an 11% increase in average sales prices. But mobile processor sales have weighed on the division’s results. Sales of chips for laptops fell 26% in the quarter, although the average selling price of these types of processors rose 14%. Gross profit margins in the quarter were 55.4%.

For the current quarter, the company forecasts revenue of about $18.3 billion, and earnings per share of about $0.80. For now, Intel has not offered its forecasts for the entire year 2022. But they have announced the approval of the increase in the cash dividend for its shareholders, which will be 1.46 dollars for each title.

Pat Gelsinger, CEO of Intel, highlighted from these results that «The fourth quarter has been a great closing to a great year. We have exceeded the best quarterly forecast by more than 1,000 million dollars, and achieved the best quarterly and annual result in the history of the company. Our disciplined focus on execution in the technology and manufacturing departments, and our traditional and emerging divisions are reflected in our results. We remain committed to achieving long-term, sustainable growth while executing on our IDM 2.0 strategy.«.

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