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Intel Q2 2022 financial results

Q2’22 was a rocky quarter for Intel. Network and Edge Group and Mobileye achieved record quarterly revenue. Meanwhile, Client Computing Group and Datacenter and AI Group were impacted by adverse market conditions. The company revised its full-year revenue guidance from $65 billion to $68 billion, down from its prior guidance of $76 billion. Intel’s financial results for the quarter. (Source: ...

Jon Peddie

Q2’22 was a rocky quarter for Intel. Network and Edge Group and Mobileye achieved record quarterly revenue. Meanwhile, Client Computing Group and Datacenter and AI Group were impacted by adverse market conditions. The company revised its full-year revenue guidance from $65 billion to $68 billion, down from its prior guidance of $76 billion. Intel’s financial results for the quarter. (Source: Intel)   Lower gross margin from revenue was primarily driven by notebook and desktop declines. “This quarter’s results were below the standards we have set for the company and our shareholders,” said Pat Gelsinger, Intel CEO. “We must, and will,
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