Intel returns to profitability
Intel returns to profitability
Posted Date: 2023-07-28
It expects income of $13.4 billion in Q3.
Intel CEO Pat Gelsinger (pictured) expects “persistent weak point” in all segments of the enterprise all year long. 
PC income fell 12% to $6.8 billion.
Server chip gross sales fell 15% to $4 billion.
The Community and Edge division had a 38% decline in income to $1.4 billion.
Mobileye noticed gross sales fall 1% y-o-y to $454 million.
Intel Foundry Providers had income of $232 million.
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