Intel Corporation Reports Solid Q4 Results
- 8 years ago
Semiconductor titan Intel posted fourth-quarter and full-year results after the market close on Thursday.
Investors largely saw this report as a tough bite to swallow for the chip industry as a whole.
We'll see how Intel's numbers actually apply to AMD's situation next week, when the smaller chip designer presents its own quarterly report on Jan. 19.
Intel met or beat almost all of its own fourth-quarter guidance figures, except for spending 4% more than expected on R&D and other operational costs.
Three months ago, Intel's management forecast fourth-quarter revenues of roughly $14.8 billion with a 62% gross margin.
"Our 2015 results demonstrate that Intel is evolving and our strategy is working," said Intel CEO Brian Krzanich in a press statement.
On a conference call with analysts, Krzanich took a wider look at Intel's market position.
Investors largely saw this report as a tough bite to swallow for the chip industry as a whole.
We'll see how Intel's numbers actually apply to AMD's situation next week, when the smaller chip designer presents its own quarterly report on Jan. 19.
Intel met or beat almost all of its own fourth-quarter guidance figures, except for spending 4% more than expected on R&D and other operational costs.
Three months ago, Intel's management forecast fourth-quarter revenues of roughly $14.8 billion with a 62% gross margin.
"Our 2015 results demonstrate that Intel is evolving and our strategy is working," said Intel CEO Brian Krzanich in a press statement.
On a conference call with analysts, Krzanich took a wider look at Intel's market position.