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Tom’s Hardware
Tom’s Hardware
Technology
Anton Shilov

MYSTERIOUS: Intel posts mixed financial report demonstrates growth but 2023 revenues are down | Mind Blowing Facts

Intel.

On Thursday Intel posted a rather mixed financial report. On the one hand, the company's sales increased 10% year-over-year in the fourth quarter. On the other hand, its revenue for the whole year 2023 dropped 14% from 2022. Because of higher demand for PCs, shipments of Intel's client products increased by 33% YoY in Q4 FY2023, but at the same time sales of datacenter products declined 10% year-over-year.

Mixed Quarter Results

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