$Intel(INTC)$ This is a pretty remarkable set of numbers. For a long-term perspective, the $1.1 billion loss reduction at IFS came with just a $1.4 billion increase in revenue year-over-year. That points to a serious level of absorption at what's still an early stage of utilization improvement, somewhere around 35%. Once the external volumes from companies like Apple, Google, Tesla, and others start flowing in and utilization moves toward the 90% range, the math suggests something like $5 billion to $7 billion in quarterly operating profit. That would translate to roughly $30 billion in annual operating profit, which is essentially the kind of money $Taiwan Semiconductor Manufacturing(TSM)$ is currently generating.
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