Intel's second-quarter 2023 earnings news release and presentation are available on the company’s Investor Relations website.

 

 

Supplemental Operating Segment Results

 

Three Months Ended

(In Millions)

Jul 1, 2023

Jul 2, 2022

Net revenue:

 

 

Client Computing

 

 

Desktop

$ 2,370

$ 2,289

Notebook

3,896

4,751

Other

514

638

 

6,780

7,678

 

 

 

Data Center and AI

4,004

4,695

Network and Edge

1,364

2,211

Mobileye

454

460

Intel Foundry Services

232

57

All other

115

220

Total net revenue

$ 12,949

$ 15,321

 

 

 

Operating income (loss):

 

 

Client Computing

$ 1,039

$ 876

Data Center and AI

(161)

(80)

Network and Edge

(187)

294

Mobileye

129

190

Intel Foundry Services

(143)

(134)

All other

(1,693)

(1,846)

Total operating income (loss)

$ (1,016)

$ (700)

We derive a substantial majority of our revenue from our principal products that incorporate various components and technologies, including a microprocessor and chipset, a stand-alone system-on-chip or a multichip package, which are based on Intel architecture.

Revenue for our reportable and non-reportable operating segments is primarily related to the following product lines:

  • CCG includes products designed for end-user form factors, focusing on higher growth segments of 2 in 1, thin-and-light, commercial and gaming, and growing other products such as connectivity and graphics.
  • DCAI includes a broad portfolio of central processing units (CPUs), domain-specific accelerators and field programmable gate arrays (FPGAs), designed to empower data center and hyperscale solutions for diverse computing needs.
  • NEX includes programmable platforms and high-performance connectivity and compute solutions designed for market segments such as cloud networking, telecommunications networks, on-premises edge, software and platforms.
  • Mobileye includes the development and deployment of advanced driver-assistance systems (ADAS) and autonomous driving technologies and solutions.
  • IFS provides differentiated full stack solutions including wafer fabrication, packaging, chiplet standard and software.
  • We have sales and marketing, manufacturing, engineering, finance and administration groups. Expenses for these groups are generally allocated to the operating segments.
  • We have an "all other" category that includes revenue, expenses and charges such as:
  • results of operations from non-reportable segments not otherwise presented, and from start-up businesses that support our initiatives;
  • historical results of operations from divested businesses;
  • amounts included within restructuring and other charges;
  • employee benefits, compensation, impairment charges, and other expenses not allocated to the operating segments; and
  • acquisition-related costs, including amortization and any impairment of acquisition-related intangibles and goodwill.

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