The whole PC market is shrinking an estimated 10 percent.
a 22 percent revenue decline to $15.3 billion for Q2 2022, and its profits actually went negative — it lost half a billion dollars this quarter. That’s a 109 percent decline in profit from the $5.1 billion it saw in Q2 2021.
later this year. Might that help? The company’s data center business dropped 16 percent in revenue and 90 percent in operating income as well.Intel’s losses aren’t all from declining sales, though.
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