Intel lost shine as sales grow 1% to $79 bn in 2021

Intel has reported revenue of $20.5 billion (+3 percent) in the fourth quarter and $79 billion (+1 percent) in 2021.
Intel CEO Pat GelsingerIntel’s fourth-quarter revenue was led by a record quarter for Data Center Group (DCG), with strong server recovery in enterprise and government. The Internet of Things Group (IoTG) had a record quarter, reflecting demand on recovery from COVID-19 impacts. The Client Computing Group (CCG) delivered another $10 billion quarter, proving that PCs are essential.

Business Unit Summary

Key Business Unit Revenue  Q4 2021 vs. Q4 2020 2021 vs. 2020
CCG $10.1 billion down 7% $40.5 billion up 1%
DCG $7.3 billion up 20% $25.8 billion down 1%
Internet of Things
IOTG $1.1 billion up 36% $4.0 billion up 33%
Mobileye $356 million up 7% $1.4 billion up 43%
NSG $1.0 billion down 18% $4.3 billion down 20%
PSG $484 million up 15% $1.9 billion up 4%

“We exceeded top-line quarterly guidance by over $1 billion and delivered the best quarterly and full-year revenue in the company’s history,” said Pat Gelsinger, Intel CEO. “Our focus on execution across technology development, manufacturing, and our traditional and emerging businesses is reflected in our results.”

Intel is aiming for revenue of $18.3 billion in the first quarter of 2022.

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