Intel, which is still the market leader in PC processors, despite its recent design loss in Apple computers (see More details emerge of Apple's eviction of Intel processors from PCs) benefited from the stay-at-home and work-from-home trends that resulted from the Covid-19 pandemic. For the coming quarter Intel is forecasting revenue of $18.6 billion, which would be down year-on-year 6.1 percent.
The company did not give an indication of expected capital expenditure for the year. Its capex in 2020 was $14.3 billion, approximately half what foundry TSMC is planning on for 2021 (see US fab part of TSMC capex surge to $28 billion).
Related links and articles:
News articles:
Gelsinger returns to lead Intel
Intel goes foundry for 7nm due to yield issues
Gelsinger must take the long view to re-engineer Intel
Opinion: Intel is on the path to chip manufacturing exit
More details emerge of Apple's eviction of Intel processors from PCs
Pages
- « first
- ‹ previous
- 1
- 2
- 3
