Intel announced the content of its financial report for the first quarter of fiscal year 2022, which ended on April 2, with revenue of $18.4 billion, down 7% from the same period last year, and net profit of $8.1 billion, up 141% from the same period last year.
According to the business division, the revenue of the user computing business group reached 9.3 billion US dollars, a decrease of 13% compared with the same period last year, while the revenue of the data center and artificial intelligence business group was 6 billion US dollars, a year-on-year increase of 22%. The revenue of the edge computing business group was US$2.2 billion, an increase of 23% compared with the same period last year. In addition, the accelerated computing systems and graphics business group’s revenue reached 219 million US dollars, an increase of 21% compared with last year.
Mobileye’s revenue reached $394 million, while its foundry business revenue reached $283 million, a significant increase of 175% compared to the same period last year.
Intel CEO Pat Gelsinger said that he will continue to use the IDM 2.0 market strategy to strive for semiconductor market opportunities with a market value of up to 1 trillion US dollars.
As for the decline in the revenue of the user computing business group, the main reason is that in the past two years, most users purchased new desktops or laptops due to the impact of the epidemic, so there is currently no significant demand for replacement. Intel has lost some orders, and it also includes expenses such as starting to invest in the research and development of next-generation processor architectures.
In addition, Intel also predicts that it will launch a server processor code-named “Granite Rapids” in 2024. The reason for the delay compared to the previous statement is that it has not been able to purchase enough production equipment, and it is difficult to have enough production capacity to support production. At the same time, it also emphasizes that it is still committed to solving global supply chain problems, and it is expected that after the expansion of the scale of factories in Ohio and Germany, the production capacity problem will be improved, and it is also expected that through acquisitionsTower SemiconductorExpand the foundry business.
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