Intel sees sales picking up in coming yearsBloombergIntel Corp expects revenue to rise by just under 2 percent this year, with growth picking up in later years as CEO Pat Gelsinger pursues a turnaround of the once-dominant chipmaker. Intel Corp CEO Pat Gelsinger holds a wafer as he speaks onstage at the company’s investor meeting in San Francisco on Thursday. While the chip industry’s sales gained 26 percent last year to a record US$556 billion, Intel posted a 4 percent decline. The biggest chunk of Intel’s sales still comes from the personal-computer market, where its processors remain the most important component of the majority of laptops and desktops. Meanwhile, its outsourced chip business is still in the early stages — “just beginning,” Gelsinger said.

Source: Taipei Times February 18, 2022 23:29 UTC