SAN FRANCISCO, Jan 27 ― Intel yesterday said 2021 was a record year for sales at the chip maker as it navigated unprecedented demand and supply chain constraints.
Intel revenue for last year tallied US$79 billion , some US$20.5 billion of which it took in during the final three months, according to its earnings report. Last year was marked by “unprecedented demand tempered by supply chain constraints” that are expected to continue through this year into next year, Gelsinger said during an earnings call.
Intel has invested heavily in semiconductor production in the United States and Europe over the past year, with a recently announced strategy that relies on expanding in-house manufacturing and increased use of subcontracted factories.
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