Intel Reports First-Quarter 2023 Financial Results

 

 

Intel Corporation

Supplemental Operating Segment Results

 

 

Three Months Ended

(In Millions)

 

Apr 1, 2023

 

Apr 2, 2022

Net revenue:

 

 

 

 

Client Computing

 

 

 

 

Desktop

 

$         1,879

 

$         2,641

Notebook

 

           3,407

 

           5,959

Other

 

              481

 

              722

 

 

           5,767

 

           9,322

 

 

 

 

 

Data Center and AI

 

           3,718

 

           6,074

Network and Edge

 

           1,489

 

           2,139

Mobileye

 

              458

 

              394

Intel Foundry Services

 

              118

 

              156

All other

 

              165

 

              268

Total net revenue

 

$        11,715

 

$        18,353

 

 

 

 

 

Operating income (loss):

 

 

 

 

Client Computing

 

$            520

 

$         2,722

Data Center and AI

 

            (518)

 

           1,393

Network and Edge

 

            (300)

 

              416

Mobileye

 

              123

 

              148

Intel Foundry Services

 

            (140)

 

              (23)

All other

 

          (1,153)

 

            (315)

Total operating income (loss)

 

$        (1,468)

 

$         4,341

 

We derive a substantial majority of our revenue from our principal products that incorporate various components and technologies, including a microprocessor and chipset, a stand-alone system-on-chip or a multichip package, which are based on Intel architecture.

Revenue for our reportable and non-reportable operating segments is primarily related to the following product lines:

•  CCG includes products designed for end-user form factors, focusing on higher growth segments of 2 in 1, thin-and-light, commercial and gaming, and growing other products such as connectivity and graphics.

•  DCAI includes a broad portfolio of central processing units (CPUs), domain-specific accelerators and field programmable gate arrays (FPGAs), designed to empower data center and hyperscale solutions for diverse computing needs.

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