Summary by Moomoo AI
Intel Corporation, a leading technology company, reported its annual financial performance for the fiscal year ended December 30, 2023. The company's revenue stood at $54.2 billion, marking a 14% decrease from the previous year's $63.05 billion. Operating profit was reported at a modest $93 million, significantly lower than the $2.334 billion in 2022. Net profit for the year was $1.675 billion, a substantial decline from $8.017 billion in the prior year. Diluted earnings per share (EPS) were $0.40, compared to $1.94 in 2022. The company's Client Computing Group (CCG) generated $29.258 billion in revenue, while the Data Center and AI (DCAI) segment brought in $15.521 billion. The Network and Edge (NEX) segment contributed $5.774 billion, and Mobileye, Intel's autonomous driving technology division, reported $2.079 billion in revenue. Intel Foundry Services (IFS) accounted for...Show More
