Get the App
SLTechnology News&Howtos  ›  IT Information  › 

Intel released Q2 results on Friday: revenue fell sharply compared with the same period last year, but month-on-month growth is expected.

Shulou Source: shulou.com Published: 2023-11-24 18:16:38 10月04日 Update

July 24 news, in Tesla, TSMC, IBM and other companies released second-quarter results, the chip giant Intel will also release results this week.

Intel has announced on its website that its second-quarter results will be released on the 27th day of Pacific Daylight time, and a conference call for analysts will begin at 2:00, Beijing time on the 28th.

Under the background that global chip demand is still not optimistic, Intel, whose revenue has fallen sharply year-on-year for five consecutive quarters, is still not optimistic in the second quarter.

In its first-quarter results released on April 27th, Intel expects second-quarter revenue of $1.15 billion to $12.5 billion, with a gross margin of 33.2% under GAAP and an estimated loss of 62 cents per share.

According to Intel's expectations, its revenue in the second quarter will still fall sharply from the same period a year earlier, but it is expected to grow from a month earlier.

In the second quarter of last year, Intel's revenue was $15.3 billion and is expected to fall by more than 18% year-on-year to $11.5-12.5 billion in the second quarter of this year. In the first quarter of this year, Intel had revenue of $11.7 billion, and as long as its revenue in the second quarter was more than $200 million higher than the expected floor, it will increase month-on-month.

Tags: Second quarter Intel growth optimism daily release chip floor that is accounting accounting standards conferences global corporate standards daylight saving time multiple quarterly giant Apple Docker Huawei Linux macOS MariaDB Microsoft MySQL NVidia OPPO Reno Docker MySQL NVidia Apple Huawei