I own AMD for what it’s worth, and Intel without its divided would be under $20 now, but this should be pretty much relevant to everywhere.
From Intel’s latest earnings report, where everything imploded but headlines and news doesn’t make it look particularly bad.
CCG group:
Revenue down 17%
Operating Income down: 54%
DCAI group:
Revenue down 27%
Opearing Income down 99%
NEX group:Revenue up 14%
Operating Income down 85%
From Intel’s ER deck
What do you think of the discrepancy of income and revenue in this case?