Intel has a good Q4 but weak Q1 guidance

The client business fared much better than the server business, which continues to languish.

January 29, 2024

Andy Patrizio

Intel had a decent fourth quarter. Good, but not great. It still has to shore up some areas of weakness, however.What do we think? We’re not hitting the panic button, but we are hitting the wonder button—as in, we wonder when Intel is going to get its data center business on track. It’s not a matter of delivering products. After the long-delayed fourth-generation Xeon, it delivered the fifth-generation Xeon Scalable in December, right on time. But, sales are flat, and the FPGA business seems especially lethargic.And it should be noted that not once did CEO Pat Gelsinger or CFO David

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Intel has a good Q4 but weak Q1 guidance

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