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Intel Focusing on Innovation, Growing Portfolio in Face of Declining Revenues, Fierce Competition

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Intel recorded a $664 million loss overall in the year’s last quarter. Revenues were down 32% to $14 billion. CEO Pat Gelsinger remained upbeat about the future growth of the company. Despite acknowledging that the business may continue to decline, he stated that such a decline may only last for the first quarter.

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Too Long; Didn’t Read

Intel recorded a $664 million loss overall in the year’s last quarter. Revenues were down 32% to $14 billion. CEO Pat Gelsinger remained upbeat about the future growth of the company. Despite acknowledging that the business may continue to decline, he stated that such a decline may only last for the first quarter.

L O A D I N G
. . . comments & more!

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