Intel 8K Reports First-Quarter 2024 Financial Results | INTC 25 Apr 24

We use cookies on this site to provide a more responsive and personalized service. Continuing to browse, clicking I Agree, or closing this banner indicates agreement. See our Cookie Policy for more information.


Year Ended (In Millions)	Q1 2023		Q2 2023		Q3 2023		Q4 2023
Operating segment revenue:
Intel Products:
Client Computing
Desktop	$	1,879	$	2,370	$	2,753	$	3,164
Notebook	3,407		3,896		4,503		5,184
Other	481		514		611		496
	5,767		6,780		7,867		8,844
Data Center and AI	2,901		3,155		3,076		3,503
Network and Edge	1,489		1,364		1,450		1,471
Total Intel Products revenue	$	10,157	$	11,299	$	12,393	$	13,818

Intel Foundry	$	4,831	$	4,172	$	4,732	$	5,175
All other
Altera	816		848		735		480
Mobileye	458		454		530		637
Other	166		117		187		180
Total all other revenue	1,440		1,419		1,452		1,297
Total operating segment revenue	$	16,428	$	16,890	$	18,577	$	20,290
Intersegment eliminations	(4,713)		(3,941)		(4,419)		(4,884)
Total net revenue	$	11,715	$	12,949	$	14,158	$	15,406

Segment operating income (loss):
Intel Products:
Client Computing	$	1,180	$	1,986	$	2,780	$	3,567
Data Center and AI	22		469		391		738
Network and Edge	(69)		64		100		109
Total Intel Products operating income	$	1,133	$	2,519	$	3,271	$	4,414

Intel Foundry	$	(2,360)	$	(1,869)	$	(1,407)	$	(1,319)
All other
Altera	290		346		263		4
Mobileye	123		129		170		242
Other	(66)		(120)		(198)		(104)
Total all other operating income	347		355		235		142
Total segment operating income (loss)	$	(880)	$	1,005	$	2,099	$	3,237
Intersegment eliminations	456		(413)		5		(251)
Corporate unallocated expenses	(1,044)		(1,608)		(2,112)		(401)
Total operating income (loss)	$	(1,468)	$	(1,016)	$	(8)	$	2,585

Intel (INTC) 8-KIntel Reports First-Quarter 2024 Financial Results