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Asharq Al-Awsat
Asharq Al-Awsat
Technology
Asharq Al-Awsat

YOU WONT BELIEVE: Intel sees no big profit margin gains before 2025 would mull consortium for arm - You Need To See This

Intel CEO Pat Gelsinger holds a wafer as he speaks on stage at Intel's Investor Day, in San Francisco, California, US, February 17, 2022. (Intel Corporation/Handout via Reuters)

Intel Corp expects its profit margin to drop this year and then be steady for several years as it invests in new technologies and factories to meet rising chip demand, but added it forecasts climbs from 2025.

Intel Chief Executive Pat Gelsinger also said Intel would be interested in participating if a consortium emerges to own the British semiconductor and software design company Arm Ltd.

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