TechWatch

Intel Q2 2022 financial results

Q2’22 was a rocky quarter for Intel. Network and Edge Group and Mobileye achieved record quarterly revenue. Meanwhile, Client Computing Group and Datacenter and AI Group were impacted by adverse market conditions. The company revised its full-year revenue guidance from $65 billion to $68 billion, down from its prior guidance of $76 billion. Intel’s financial results for the quarter. (Source: ...

Jon Peddie

Q2’22 was a rocky quarter for Intel. Network and Edge Group and Mobileye achieved record quarterly revenue. Meanwhile, Client Computing Group and Datacenter and AI Group were impacted by adverse market conditions. The company revised its full-year revenue guidance from $65 billion to $68 billion, down from its prior guidance of $76 billion. Intel’s financial results for the quarter. (Source: Intel)   Lower gross margin from revenue was primarily driven by notebook and desktop declines. “This quarter’s results were below the standards we have set for the company and our shareholders,” said Pat Gelsinger, Intel CEO. “We must, and will,
...

Enjoy full access with a TechWatch subscription!

TechWatch is the front line of JPR information gathering service, comprising current stories of interest to the graphics industry spanning the core areas of graphics hardware and software, workstations, gaming, and design.

A subscription to TechWatch includes 4 hours of consulting time to be used over the course of the subscription.

Already a subscriber? Login below

This content is restricted

Subscribe to TechWatch