Intel has published a report on the results of the fourth quarter of fiscal year 2020 and the whole year.
The processor giant’s fourth-quarter revenue was $ 20 billion, down 1%. Net income fell 15% to $ 5.9 billion. At the same time, for the whole year, revenue increased by 8%, reaching $ 77.9 billion, while net profit decreased by only 1%, to $ 20.9 billion. Annual revenue has once again hit Intel’s record.
It is also worth noting the results of the main divisions of the company. The Client Computing Group division for the quarter showed a decline in revenue by 9%, to 10.9 billion dollars, and at the end of the year, an increase was recorded by 8%, to 40.1 billion dollars.
The Data Center Group also declined last quarter, but down 16% to $ 6.1 billion, ending the year with 11% revenue growth to $ 26.1 billion.