Intel forecasts first-quarter revenue, profit above estimate as PC chip sales see some recovery | Malay Mail

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NEW YORK, Jan 22 — Intel Corp on Thursday forecast first-quarter revenue and profit above Wall Street expectations, continuing to benefit from high demand for laptops, PCs and servers that have powered the shift to working and playing from home. Intel said fourth-quarter sales from its PC chip...

Friday, 22 Jan 2021 05:26 AM MYT

Intel said fourth-quarter sales from its PC chip business were US$10.9 billion , compared with analyst estimates of US$9.57 billion, according to FactSet data. Data centre group sales, which powered Intel’s growth over the past several years, were US$6.1 billion compared with analyst estimates of US$5.48 billion, according to FactSet data.

Intel is one of the few remaining semiconductor companies that both designs and manufactures its products, with rivals such as Advanced Micro Devices long ago having turned to outside contract factories such as Taiwan Semiconductor Manufacturing Co to make their chips.

 

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