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Intel bounces back ever so slightly in Q3 2023

Sales and income exceeded projections but given what they have on the market, sales should have been much higher.

Andy Patrizio

Sales and income exceeded projections but given what they have on the market, sales should have been much higher.Intel sees a drop in sales of both client and server processors year-over-year but continues to grow sequentially.What do we think? Intel’s earnings had no nasty surprises, but nothing really pleasant, either. The Foundry and Mobileye gains were nice, but a drop in the bucket. They have not had a full quarter of sales for the 14th generation Core desktops and notebooks, so it’s too early to declare them success or failure, although that 400W TDP has got to be off-putting to
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