Intel reports Q1 revenue down 7% YoY to $ 18.35B, vs. $ 18.31B est., Datacenter and AI revenue of $ 6B, up 22% YoY, and Client Computing revenue of $ 9.3B, down 13% (Jordan Novet / CNBC)


Jordan Novet / CNBC:

Intel reports Q1 revenue down 7% YoY to $ 18.35B, vs. $ 18.31B est., Datacenter and AI revenue of $ 6B, up 22% YoY, and Client Computing revenue of $ 9.3B, down 13%– – Intel beat on the top and bottom lines for the first quarter but forecast weak quarterly guidance. – The company’s quarterly PC chip business came in light.

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