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As Intel delivers strong earnings, incoming CEO Pat Gelsinger says chip process on track SHARE Intel Corp.’s incoming Chief Executive Pat Gelsinger told investors today that the company’s troubled seven-nanometer chip manufacturing technology is on track to start producing chips in 2023, but he said the company will likely outsource an increasing amount of its manufacturing to outside producers. Gelsinger (pictured) made his remarks as Intel reported strong fourth-quarter financial results that blew away analysts’ forecasts in what was the last full quarter un...

Financial figures released minutes ahead of schedule after 'hacker' swipes and shares infographic Katyanna Quach Fri 22 Jan 2021 // 04:09 UTC Share Copy Updated Intel beat Wall Street’s expectations in its latest financial earnings on Thursday amid a rough year in which the semiconductor giant reached out to rival fabs for help in meeting demand for its silicon – and felt the pressure from AMD and others. The figures were released a little earlier than scheduled on Thursday after Chipzilla discovered someone outside the business had obtained an infographic [PDF] de...

Earnings season is once more upon us, and once again leading the charge is Intel, who this afternoon reported their Q4’2020 and full-year 2020 financial results. The 800lb gorilla of the PC world has seen some unexpectedly strong quarters in 2020 following the coronavirus outbreak, and despite all of the uncertainty that entails, it’s ultimately played out in Intel’s favor. As a result, they’re closing the book on yet another record year, making for their fifth in a row. Starting with quarterly results, for the fourth quarter of 2020, Intel reported $20.0B in revenue, which is a drop ...

Intel has released its latest set of financials, covering its financial Q4 and FY 2020 accounting periods. Headlining revelations are: Intel recorded record full year revenue; the strength of PC sales, particularly laptops, helped Intel exceed its own expectations; and incoming CEO Gelsinger said that Intel 7nm was on track for the majority of products in 2023. The latest results arrived rather dramatically. There were reports that the results had been hacked and released ahead of the closure of the stock markets yesterday in the US, so Intel published the results for all to analyse 15 minute...

Intel posted better than expected results in the fourth quarter as revenue hit $20 billion while full-year revenue for 2020 set an all-time record of $77.9 billion, up eight per cent year-on-year.Fourth-quarter revenue exceeded prior ...