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Intel released it's Q4 2022 earnings... and they're not good.

it's revenue stands at 14 Billion dollar, while the market expected at least 14.4 Billion. Not too far off, but still below the mark. Out of those 14B, Datacenter and AI actually did a bit better than expected, coming in at 4.3 Billions versus 4 Billions expected, but that's still a 33% drop YoY. But the client computing segment, which includes consumer CPUs, is way down, at only 6.6 Billions versus 7.4 expected. And the latter is a drop from 10.3 Billions in Q4 2021, so a 36% drop in one year.

But wait, there's more: Gross Margins dropped precipitously from 53.6% last year to just 39.2 this year, and the quarter as a whole was a net loss of over 600 Millions for Intel, one of their highest losses ever. All this results in a very low Earnings Per Share of just 10 cents while analysts expected almost twice that with 19 cents per share.

The graphics segment did go up a bit (8% YoY, 1% QoQ), but still costs intel about twice as much as it earns. Intel really needs to steer that ship around fast, or investors might want Intel to ditch thar segment entirely in the near future.

Finally, we get to the guidance for Q1 2023. Here, Intel expects between 10.5 Billions and 11.5 Billions in revenue (14 Billions were expected by the market!), and the gross margin is expected to take another hit and drop to just 34%, coupled with a massive loss of 80 cents per share and thus also probably a big net loss on the horizon.

The only good news is that their Foundry activities seem to slowly take off, with a an increase of 30% YoY. But at just 319 Millions in the last quarter, it's simply too small so far to make much of a difference.