8 0 obj Intel Reports Q2 2020 Earnings: Data Center Sales Fuel Another Record Quarter. 0��h`b�> �e`�� H�H�Q���1CE ��%�&.��=������\�Yn �����q�I�[�W�](�������@� |�)� Intel announced that it is delaying next-generation chips, disappointing investors and sending share prices down about 15%. >> /Parent 2 0 R /Parent 2 0 R endobj /Type /Page endobj << /Contents 44 0 R endstream endobj startxref /MediaBox [0.0 0.0 612.0 792.0] Registration on or use of this site constitutes acceptance of our, $45.5 billion cloud communications company Twilio is reportedly getting ready to acquire data startup Segment for $3.2 billion, The Trump administration makes a $1.8 trillion stimulus offer to Democrats, which includes $400 federal unemployment benefits and $1,200 direct payments, Millennials are fueling a comeback for Folgers coffee, the century-old canned coffee brand embraced by their Boomer parents, Priscilla Chan said she's proud of how Mark Zuckerberg has handled backlash over Facebook's policing of misinformation and conspiracy theories like QAnon. /Count 0 endobj 18 0 obj /MediaBox [0.0 0.0 612.0 792.0] /Type /Pages /MediaBox [0.0 0.0 612.0 792.0] /Contents 40 0 R /MediaBox [0.0 0.0 612.0 792.0] /MediaBox [0.0 0.0 612.0 792.0] /Type /Page Intel shares fell as a lot as 10% in prolonged buying and selling on Thursday after the corporate reported better-than-expected second-quarter earnings and stated next-generation chips would come out later than it had anticipated. /Resources 27 0 R /Type /Catalog 194 0 obj <>stream The net result is that PC sales were up 2% year-over-year, with desktop and notebook ASPs ticking up slightly as well. /Contents 42 0 R /Count 15 Robert H. Swan — Chief Executive Officer. Find earnings report and search by company, date and market cap. <>/XObject<>/Shading<>/ExtGState<>/ProcSet[/PDF/Text/ImageC]/Font<>>>/MediaBox[ 0 0 1200 1694.27]/ArtBox[ 2.25201 0.404846 1198.01 1693.59]/TrimBox[ 0 0 1200 1694.27]/Type/Page/Parent 1 0 R /Contents 92 0 R /Rotate 0/CropBox[ 0 0 1200 1694.27]/Annots 91 0 R /Tabs/S/LastModified(D:20200723085500-07'00')>> ESG Discussion with JUST Capital . Intel recorded a gross margin of just 53.3%, well below the 60% margin the company is known for. Daniel Sternklar is an entrepreneur, digital artist, videographer, animator, virtual set creator, director, producer, musician, composer, stereoscopic multimedia producer, software developer, & virtual reality pioneer with over four decades of experience. endobj Intel has confirmed that its next quarterly earnings report will be published on Thursday, October 22nd, 2020. This is the first full coronavirus-impacted quarter for the company and the tech industry as a whole, but if you were looking solely at Intel’s results, you wouldn’t know there’s a pandemic going on: the company posted yet another record quarter, delivering their highest Q2 revenues ever with a sizable profit margin riding on top of that. The significant growth in the data center segment comes thanks in part to a big jump in cloud service provider revenue, which was up 47% year-over-year. /Parent 2 0 R /Type /Outlines Intel will be holding an earnings conference call on Thursday, October 22nd. >> It is interesting to note, however, that Intel’s famed gross margin took a pretty sizable hit for the most recent quarter. Intel has generated $4.87 earnings per share over the last year and currently has a price-to-earnings ratio of 9.5. >> /ModDate (D:20200723183517+00'00') /Parent 2 0 R /Type /Page >> /Parent 2 0 R /Resources 45 0 R /F 2 © 2020 Insider Inc. and finanzen.net GmbH (Imprint). /Contents 30 0 R Overall IoT was a mixed bag: Mobileye revenue, which the company offers a separate breakout, was up 22% over the previous year, but the rest of Intel’s IoT business saw a 3% drop in revenue. SANTA CLARA, Calif., July 23, 2020 -- Intel Corporation today reported second-quarter 2020 financial results. /Contents 22 0 R /Type /Page /Resources 31 0 R /Contents 48 0 R endobj So while 10nm has been something of an albatross for Intel, it’s not going to be a short-lived manufacturing node as Intel rushes to 7nm; instead it’s going to be a core part of their plans for the next two or three years. 4 weeks ago. This is due to a defect in their 7nm process, which the company has since root caused and is correcting, but none the less it’s caused a 7nm delay they can hardly afford. Additional information regarding these and other factors that could affect Intel's results is included in Intel's SEC filings, including the company's most recent reports on Forms 10-K and 10- The Intel earnings news pushed INTC stock lower in extended trading. x��\�۸�(�s��<6I���iN�"�`w��l���#�O=4@qA�އ��K�͐�m�v�/E �-��y�83���|�Oy9=�����'o����>�����Z��VO�~�|ؾ����������m��7�Q�i�{���|ҽ;7�N�w�y��Q�侥����`�{6y�'s$ڀ���]w���(�Y�o]�����rj�w�����uO|۽�����\�sy�:��(�x>.�O�ё�h�w�n����o<67x������4�7��c�s���J���n��u��n��_�e�k��Ny��V�0Z�������t矓�4��U!��mz�S��٣���p�!|�oٮ��������Cl��Sq3W5�jY�g3du���.�nڶ i�G�=�K��?s�3��u�4ᄵ'�G���d���a�2�Y� �y�R�E�B�����TB�. Q2’20 Earnings Webcast . Intel (INTC) Q2 2020 Earnings Call Transcript INTC earnings call for the period ending June 30, 2020. On a year-over-year basis, Intel earnings rose 16% while sales climbed 20%. Disclaimer | INTC Earnings Call - Final Transcript. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. /Type /Page /Type /Page endobj 12 0 obj 16 0 obj %PDF-1.5 /MediaBox [0.0 0.0 612.0 792.0] << As for client computing revenue, the biggest gains there once again came from notebook sales, which have taken off in the face of the coronavirus pandemic. H�lW�nG��+����dZ�/G/�� l�@�>0��b��)���T��(*�����[zt����x��{e��ׯ����{�Ve�OV���l}:̜v�)�����uN8��׶Du?�ng_f�;A��W�5� ��v8 ��7��|�%l�bL4�5�U�-%�v6JR��R�B�5W�. >> ��ͯ{ ���c��A��9"�#{�Y�D٭�P��/ʲ�I]ȕP��6�*�!�7y�s��Q=�{��Wk�:��2��&;�2x�����z�����. Intel (symbol INTC) reported Q2 2020 earnings on July 23, 2020. They are based on current expectations as of July 23, 2020 but are subject to many risks and uncertainties that could cause actual results to differ materially from those anticipated. 10 0 obj /First 20 0 R /Contents 36 0 R /Resources 41 0 R July 24, 2020 September 18, 2020.

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