Analysis: Intel Corporation Announces Q2 FY2024 Financial Results

Analysis: Intel Corporation Announces Q2 FY2024 Financial Results

Chris EvansAnalysis, Cloud, Enterprise, Individual Subscribers, Intel, Processing Practice: CPU & System Architecture, Processors, Silicon Diversity

Intel Corporation has announced financial results for Q2 FY2024, the period ending 29 June 2024.  Revenue was down 1% at $12.8 billion, mainly due to the non-core businesses including Altera and Mobileye.  However, Intel also announced 15,000 job losses as it attempts to radically cut costs.

This blog post can only be viewed by members with an Individual, Enterprise or Vendor subscription.  It is not available for free subscriptions. Buy a subscription for access, or log in if you have an existing subscription.  Note: if you have just logged into your account, you may need to refresh this page for access, in the event your browser is caching the page.