Intel Quartals Figures: PC Division Saves the Day, Outlook Behavior Upbeat 12 Comments
Intel performed better than expected in the final quarter of 2024, but now, without a CEO, provides an optimistic outlook for near-term and long-term performance. Not only are sales expected to decline significantly in the first quarter of 2025, especially profits are expected to be completely eliminated.
Although the Stock Exchange and Intel celebrate the figures delivered via expectation, they continue to report compared to the last quarter of the previous year. Revenue increased from $15.41 to $14.26 billion, winning nearly $2.7 billion at the time and became less than $126 million. And the outlook with forecasts of $11.7 billion to $12.7 billion in sales if Intel remains in the hole.
PC division keeps Intel above water
The Classic PC division (CCG), above all, is still the notebook that keeps Intel afloat. Last quarter’s revenue of $8.02 billion here was lower than the year before, but with surgical profit of $3.06 billion, but was in a pretty green zone. In 2024, Intel was able to increase operating profit in this division to almost $11 billion, after $9.5 billion, 2023, with an increase in sales from $29.3 to $30.3 billion.
Sales in the three most important areas (Image: Intel)
It’s not as good in the server division (DCAI). Revenue was in the last known frame of nearly $3.4 billion, meaning only $233 million disclosed profits. Looking at the full year, sales were flat at $12.8 billion here, while operating profit declined to $1.3 billion ($1.6 billion the previous year).
Before the NEX group was divided into the CCG and DCAI divisions, this was able to recover. Mobileye also contributes to improved figures for the greatest rest. Intel Foundry, on the other hand, remains a big black hole, and it will still be too long and too much until at least the end of 2027. Significantly so compared to this year.
Speaking of this year: Intel Panther Lake and Intel 18a production milestone are clearly on point. Intel Clearwater Forest will finally only be available in quantity in 2026, the next big “Big Chip” is Intel Diamond Rapids, the company has also confirmed this for 2026. 2026, Michelle Johnston Holthaus, Interim Co-CEO and CEO of Intel Products. This year there is more bridging in many areas.
The search for a new boss continues. So far, after Pat Gelsinger’s expulsion at the end of November 2024, there is nothing to report here.
Topics: Intel Intel Clearwater Forest Intel Panther Lake Processors Quarter Figures Economy Xeon
Marc deciphers processors by testing their performance for gaming, content creation, and artificial intelligence.
