Why Intel is Betting Big on Chip Manufacturing – Analytics India Mag

Intel has done better than expected in the third quarter, with an increase in revenue and margins from $12.9 billion in the last quarter to $14.2 billion, driven by a stabilising server chip business and stronger PC market conditions. The Q3 revenue was down by 8% YoY, indicating a massive recovery from the last quarter which was down by 15% YoY. Gross margins improved, and they ve secured new customers for chip manufacturing, with more deals on the horizon.