Intel Growing “Gangbusters”: 5 Key Takeaways from its Q3s

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Intel broke its all-time quarterly record for revenues in Q3, reporting $19.2 billion in earnings, smashing July’s outlook by $1.2 billion, despite falling PC hardware sales amid ongoing 14nm CPU supply constraints.

“We’re letting our customers down” CEO Bob Swan said bluntly on an earnings call of that lingering issue, which hit headlines last year.

Intel Results: PCs Down, Data Centers Up, Xeon Shipments Soaring

Executives may have cried all the way to the bank: the company has reportedly been prioritising higher-margin Xeon chips for data center customers (it

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