Intel's total revenue in the third quarter of 2024 was $13.3 billion, down 6% year-on-year and up 4% quarter-on-quarter.
Views : 213
Update time : 2024-11-01 16:02:01
According to the news on November 1st, Intel released its financial data for the third quarter of 2024 in California, the United States local time yesterday. During this quarter, Intel achieved a total revenue of $13.3 billion (Note from IT Home: approximately 94.708 billion yuan currently). The revenue decreased by 6% year-on-year and increased by 4% quarter-on-quarter.
In the third quarter, Intel recognized $2.8 billion in restructuring charges and $15.9 billion in impairment charges, which are the major reasons for the net loss of $16.6 billion (approximately 118.207 billion yuan currently). As a result, the gross margin, operating margin, and net income per diluted share attributable to the parent company also suffered significant declines (for example, the non-GAAP gross margin dropped sharply by 27.8 percentage points to 18.0%).
Specifically, the $15.9 billion in impairment charges can be roughly divided into three parts:
$3.1 billion: Most of it is related to the accelerated depreciation of manufacturing assets at the Intel 7 process node;
$2.9 billion: Related to the impairment of goodwill and acquired intangible assets of reporting units such as Mobileye;
$9.9 billion: Related to the establishment of a valuation allowance for deferred income tax assets in the United States.
The revenue situations of Intel's major divisions in the third quarter are as follows:
CCG (Client Computing Group): $7.3 billion, down 9% year-on-year and 1% quarter-on-quarter;
DCAI (Data Center and AI Group): $3.3 billion, up 9% year-on-year and 11% quarter-on-quarter;
NEX (Network and Edge Group): $1.5 billion, up 4% year-on-year and 15% quarter-on-quarter;
Intel Foundry: $4.4 billion, down 8% year-on-year and 2% quarter-on-quarter;
Altera: $412 million, down 44% year-on-year and 14% quarter-on-quarter;
Mobileye: $485 million, down 8% year-on-year and 10% quarter-on-quarter.
In addition, the interdepartmental offset amount reached $4.3 billion, indicating that most of the revenue of Intel Foundry is still contributed by internal customers.
The LDK220 series of low-dropout linear regulators (LDOs) is a high-performance device designed specifically for low-power consumption and high-precision voltage regulation, widely used in scenarios such as consumer electronics, industrial control, and po
Xilinx Spartan®-7 FPGA Family stands as a defining solution in the mid-range FPGA landscape, blending high performance, energy efficiency, and cost-effectiveness to redefine versatility for industrial, IoT, and consumer electronics applications. Built on
The Altera FLEX series was more than a lineup of FPGAs—it was a blueprint for how programmable logic devices could evolve to meet diverse market needs. The FLEX 8000 laid the architectural groundwork, the FLEX 10K redefined functionality with embedded mem
Among TI standout offerings, the LM4765 and LM4766 are dual-channel amplifiers designed to cater to diverse audio needs—from compact setups to high-fidelity systems. While sharing the same product lineage, these chips differ significantly in power output,
