Intel Q4 2022 and FY 2022 financial results

The fourth quarter of the year has traditionally been Intel’s best for the year, but it reported a sharp loss for the quarter this time as sales stalled across all markets except Mobileye. In Q4 2022, Intel reported revenue of $14 billion, down 32% from $20.5 billion in Q4 2021. It swung to a net loss of $661 million, as opposed to a $4.6 billion profit in Q4 2021. For the full-year 2022, Intel saw revenue of $63.1 billion, down 20% from $79 billion in 2021. Gross margin was 42.6%, down from 55.4% in 2021. Net income on a non-GAAP