Intel is accumulating records. Is he even higher?

Despite news of the continued weakening of the PC market, Intel is still closing quarters with records.

The company’s revenue hit new highs again, up 28% from the same period last year. As a result, total sales reached $ 14,23 billion, compared to only $ 13 billion in the second quarter. There is no problem with the operating results either, as we managed to realize 4,78 billion, which means an increase of 16%. After that, profits were also expected to grow, generating a total of $ 3,47 billion in net revenue for the Santa Clarai company.

There are several reasons for revenue records. Even though sales decline, the share of revenue per product increases. This is due, among other things, to the fact that AMD is unfortunately not on the top, so it is not able to push Intel into real price competition, so Intel will increase them instead of lowering prices, and the production price of chips is lower and lower as manufacturing technology develops. Another reason is to be found in the server market. Developing countries are buying in large quantities, smaller companies and large corporations have ever-growing server parks. Intel is pocketing orders for 95% of the server market, so it’s no wonder you’re going through a lot of growth with the expansion of the corporate sector.

Source: Intel