Monday, May 22, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
LG X Venture Smartphone Will is Built for Adventure
HP Debuts New Premium PC Portfolio Taking On Microsoft's Surface Models
U.S. Remains the Top Market for VR, Followed by Japan
JDI's Electronic Paper Backplane Enables Creation of 600ppi ePaper Displays
Samsung to Showcase 'Stretchable' OLED, Glasses-free 3D OLED At SID 2017
WikiLeaks Says 'Athena' CIA Spying Program Targets All Versions of Windows
Holograms Could be the Future of Near-eye Displays
Samsung Chromebook Pro Available on May 28 For $550
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Intel R...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, April 27, 2017
Intel Reports Quarterly Profit On Strong Data Center Business


Intel reported a near 45 percent rise in first-quarter profit, helped by strength in its data center business and a stabilizing personal computer market.

The company's net income rose to $2.96 billion in the quarter ended April 1 from $2.05 billion a year earlier. Revenue rose to $14.80 billion from $13.70 billion.

Revenue from Intel's higher-margin data center business rose 6 percent to $4.2 billion in the quarter. The business is crucial to Intel's move to switch focus from the personal computer market towards making chips for data centers and Internet connected devices.

"The first quarter was another record quarter, coming off a record 2016. We continued to grow our company, shipped our disruptive new Optane memory technology, and positioned Intel to lead in new areas like artificial
intelligence and autonomous driving," said Brian Krzanich, Intel CEO. "The
ASP strength we saw across nearly every segment of the business demonstrates continued demand for high-performance computing, which will only increase with the explosion of data."

However, Intel still gets most of its revenue from selling PC chips, a business that returned to growth in 2016 due to stabilizing demand in the second half of the year.

Revenue from client computing, as Intel calls the business, rose 6 percent to $8 billion.

The company said it expects second-quarter revenue of $14.4 billion, plus or minus $500 million.



Previous
Next
Alphabet Posts 1Q Profit        All News        Acer Rolls Out New Ultrathin Gaming Notebooks, Detachables, and All-in-One PCs
Alphabet Posts 1Q Profit     General Computing News      CyberLink Introduces MakeupDirector 2

Get RSS feed Easy Print E-Mail this Message

Related News
Intel's Itanium 9700 Chip Released, and it's the Last One in the Itanium Series
NVIDIA To Offer Deep Learning Training to Developers
Intel Re-defines Xeons, Skylake Chips Coming This Summer
Intel Launches New 3D NAND DC P4500 And DC P4600 SSDs for Data Centers
Apple Recruits NASA AR Specialist
Intel 'Basin Falls' Platform And 'Coffee Lake' Architecture Are Coming Ahead of Schedule
Intel Discontinues The Developer Forum Concept
Intel Details 10, 22nm Processes, Proposes Transistor-density Metric
New Intel Xeon Processor E3-1200 v6 Product Family Targets Pros
Intel Launches Bug Bounty Program
Intel To Buy Mobileye For About $15 Billion
Intel Security releases EFI rootkit checker Following WikiLeaks Reports

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .