Intel CEO “Maniacal” About Eliminating Supply Constraints

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A strategic pivot by Intel away from consumer CPUs and toward “Big Data”-focussed buyers continues to pay off, with over 50 percent of revenue coming from its “data-centric” collection of businesses for the first time, CEO Bob Swan said late Thursday.

Data Center Group (DCG) revenues hit a new record of $7.2 billion, powered heavily by demand from cloud customers. Cloud revenue was up 48 percent year-on-year.

CFO George Davis told analysts that Intel is expecting “an exceptionally strong Q1 as cloud customers continue to build capacity and adopt our highest-performing products.

The news came as Intel reported all-time record high revenues

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