Shulou(Shulou.com)11/24 Report--

Thank you, CTOnews.com netizens. Hello, rabbit, Xiao Zhan cut, Chino, clue delivery! CTOnews.com April 28 news, Intel today released the company's fiscal year 2023 first quarter results. According to the report, Intel's revenue in the first quarter was $11.7 billion, down 36% from $18.4 billion in the same period last year, and a net loss of $2.8 billion, compared with a net profit of $8.1 billion in the same period last year. Adjusted net loss, which is not in accordance with US GAAP, was US $200 million, compared with US GAAP adjusted net profit of US $3.6 billion in the same period last year.

CTOnews.com noted that despite a big decline in results, Intel's adjusted earnings per share and revenue in the first quarter were still better than Wall Street analysts expected.

By department, Intel customer computing group's first-quarter net revenue was $5.767 billion, compared with $9.322 billion a year earlier, down 38% from $520 million, compared with $2.722 billion a year earlier. Of this total, revenue from the desktop business was $1.879 billion, compared with $2.641 billion a year earlier; revenue from the notebook business was $3.407 billion, compared with $5.959 billion a year earlier; and revenue from other businesses was $481 million, compared with $722 million a year earlier.

Intel's data center and artificial intelligence group had revenue of $3.718 billion in the first quarter, compared with $6.074 billion a year earlier, down 39% from an operating loss of $518 million and an operating profit of $1.393 billion a year earlier.

Intel Networks and Fringe groups had revenue of $1.489 billion in the first quarter, compared with $2.139 billion a year earlier, down 30% from a year earlier, with an operating loss of $300 million and an operating profit of $416 million a year earlier.

Mobileye, Intel's self-driving unit, had revenue of $458 million in the first quarter, up 16% from $394 million a year earlier, and an operating profit of $123 million, compared with $148 million a year earlier.

Intel's contract manufacturing services division (Intel Foundry Services) had revenue of $118 million in the first quarter, compared with $156 million a year earlier, down 24% from an operating loss of $140 million, compared with an operating loss of $23 million a year earlier.

Intel's revenue from all other businesses in the first quarter was $165 million, compared with $268 million a year earlier, and an operating loss of $1.153 billion, compared with an operating loss of $315 million a year earlier.

In terms of business highlights, Intel has steadily promoted its four-year five-process node plan:

Intel 7: mass production has been achieved

Intel 4: officially rapidly increase Meteor Lake production, Intel's next-generation Core processor (Meteor Lake) will be launched as planned in the second half of 2023

Intel 3, 20A and 18A: in progress as planned

Intel expects revenue of between $11.5 billion and $12.5 billion in the second quarter of fiscal 2023, with an average outlook of $12 billion, exceeding analysts' expectations.

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