Intel Reports 20% Drop in Data Center Sales; Margin Falls

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Intel Reports 20% Drop in Data Center Sales; Margin Falls

Bloomberg2021-04-23

(Bloomberg) -- Intel Corp., the biggest chipmaker, reported a drop in data center revenue and a steep decline in gross profit margin, a sign it’s losing market share to rivals and customers who are ...

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Comment（23）

peterpak
·2021-04-23
Oh dear ...
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ElPhoenix
·2021-04-23
Oh noo
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JQJQ
·2021-04-23
Bad news for Intel.
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2
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不是那么好割的小韭菜
·2021-04-23
Sad
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- N30:
  [流泪]
  2021-04-23
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newtoUS
·2021-04-23
Sad
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Derrick0359
·2021-04-23
[流淚] [流淚]
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HappyTrader
·2021-04-23
Like and comment
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2
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Patjaslyn
·2021-04-23
Interesting
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2
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WilsonTan112
·2021-04-23
Oh no intel!
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4
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AJAJ
·2021-04-23
This is bad
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3
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Chriz
·2021-04-23
Oh no...
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4
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- Chriz:
  [强]
  2021-04-23
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- Patjaslyn:
  Agreed
  2021-04-23
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Bryan_lyc
·2021-04-23
Like and comment ??
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3
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- Chriz:
  ok
  2021-04-23
  Reply
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- ChrizReplying toYamazaki月:
  [强]
  2021-04-23
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- Yamazaki月:
  ok
  2021-04-23
  Reply
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HYYOONG
·2021-04-23
Sounds like $AEM HOLDINGS LTD(AWX.SI)$will have a drop today as well...
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6
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klostany
·2021-04-23
Nooo
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3
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AhKeong
·2021-04-23
Interesting to know... Why the drop?
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5
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Skylarthe财神
·2021-04-23
Uhohh
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1
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- Skylarthe财神:
  hello
  2021-04-28
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- carmenng:
  hi grasshopper
  2021-04-25
  Reply
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BruceInvests
·2021-04-23
Like & comment for Tiger coins, will reply back
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3
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- BruceInvests:
  ?
  2021-04-23
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- ChrizReplying toBruceInvests:
  [强]
  2021-04-23
  Reply
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- BruceInvests:
  ??
  2021-04-23
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Kelvinyoon26
·2021-04-23
Like and comment
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2
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- Chriz:
  ok
  2021-04-23
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- Yamazaki月:
  ok
  2021-04-23
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Whateverrr
·2021-04-23
Oh no...
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4
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- Kuanwei:
  oi
  2021-06-27
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Rbj
·2021-04-23
Buy the dips?
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3
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- Kenny77:
  Of course
  2021-04-23
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- TradeXedarT:
  Yes
  2021-04-23
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The shares fell about 2% in extended trading.\nThe PC business performed better on continued demand for laptops that run Intel processors. The Santa Clara, California-based company also raised its full-year sales forecast slightly.\nStill, the company’s Data Center Group generated first-quarter sales of $5.6 billion, down 20% from a year earlier and below Wall Street estimates. This is one of Intel’s most profitable businesses, so the lower revenue dented overall margins.\nIntel said its gross margin, the percentage of revenue remaining after deducting the cost of production, was 55.2%, down more than five percentage points from the same period in 2020. This is a key indicator of the strength of its manufacturing and product pricing. 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That huge drop, according to Intel, was caused by “digestion” -- customers pausing orders while they work through unused stockpiles of chips.\nWhile this has happened before and rebounds have followed, investors are increasingly concerned that delays in new Intel products have led this crucial group of customers to shop elsewhere and they won’t come back.\nGelsinger’s revival plan is getting a boost from the PC market, though. The Covid-19 pandemic forced millions of people to work and study from home, driving a surge in purchases of laptops and other computer gear.\nIntel’s PC chip division had first-quarter revenue of $10.6 billion, up 8% from a year earlier. Analysts projected $10 billion.\nGelsinger said there’s no sign of a slowdown in PC demand. 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[流淚]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376272737","repostId":2129331349,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":376276201,"gmtCreate":1619134878903,"gmtModify":1704720069241,"author":{"id":"3575928962971398","authorId":"3575928962971398","name":"HappyTrader","avatar":"https://static.tigerbbs.com/9e17ecdf632628b1622a479d94145d9a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575928962971398","authorIdStr":"3575928962971398"},"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and 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