Intel had expected revenue of $ 61.3 billion in the year, with adjusted earnings per share (EPS) of $ 3.00, up from $ 62 billion on Thursday, with adjusted earnings per share Up to $ 3.25.
"The sound performance and optimism of Intel's third quarter are positive for the market," said Daniel Ives, director of research firm GBH Insights.
Intel's third-quarter revenue rose 2% to $ 16.1 billion, up from Reuters survey analysts expected $ 15.43 billion in the third quarter net profit rose 34% over last year to $ 4.52 billion, equivalent to $ 0.94 per share Intel's third quarter earnings per share of $ 1.01, also higher than analysts expected 0.80 US dollars.
Intel's core business PC chip revenue in the third quarter reached $ 8.9 billion, maintaining the level of the same period last year, the positive development of server chip revenue in recent years increased by 7% to 4.9 billion US dollars, better than the FactSet survey analysts expected 4.79 billion The dollar also means that the sector's revenue is expected to reach Intel's 5% to 9% annual growth rate.
"Intel is experiencing a large-scale transformation aimed at extending the core business strength to expand to new markets with faster growth." While Intel's current revenue is still more than half, Intel's chief financial officer, Robert Swan, said on Thursday, From the PC chip, but Shiwang expected server chip revenue will continue to expand the proportion.
In recent years, Intel in the PC or server chip market are facing ultra-AMD (AMD) challenge.Faced with the industry competition and core business growth stagnation, Intel can only continue to invest in upgrading the chip process, and foot artificial intelligence, automatic driving and other new markets The
Intel's $ 15.3 billion acquisition of Israeli auto-driving technology developer Mobileye's deal was completed in the third quarter, and Intel is expecting a new artificial intelligence chip by the end of the year.