Intels earnings exceeded expectations: the demand for data centers was large, which rose 8% after the session.

category:Internet
 Intels earnings exceeded expectations: the demand for data centers was large, which rose 8% after the session.


NetEase news April 27th news, according to Reuters reports, Intel released the first quarter of 2018 as of March 31st, the first quarter of the earnings of the quarter, the net profit of 4 billion 450 million US $4 billion 450 million, a 50% increase compared with the same period of 2 billion 960 million US dollars last year. Diluted earnings per share were 93 cents, up 53% from 61 cents a year ago. The first quarter revenue was $16 billion 70 million, an increase of 9% over the same period last year of $14 billion 800 million, higher than analysts estimate of $15 billion 80 million. Demand for chips from data centers and PCs increased. Intels first quarter performance exceeded expectations and raised expectations for annual revenue and profits. Intel expects annual revenue to reach US $67 billion 500 million, an increase of US $2 billion 500 million over the previous period. Affected by this, Intel shares rose 8% to 57.48 dollars in after hours trading. The current post - inventory increase is 5.54%. Intel has been working on a shift from PC suppliers to chip makers to supply chips for emerging data centers, as well as in emerging areas such as unmanned vehicles and artificial intelligence. This shift seems to have been successful. Intels data center business accounted for 49% of the first quarter revenue, the highest level ever. Intel said that the new demand for applications such as AI promoted the development of data center business. Intel CEO Brian Kramnik (BrianKrzanich) in a statement, said in a statement, the advantage of Intel business highlights my confidence in the companys strategy, the development of data technology drives the markets strong demand for computing performance. Higher than expected earnings performance and confidence in the future expectations, Intel shares in after hours trading has risen to the highest level in nearly five years. The performance of data center business also shows that Intels major customers are not affected by the recent two major chip vulnerabilities. The client computing department, which provides chips for PC manufacturers, has the greatest contribution to sales. The revenue of the Department was $8 billion 200 million, up 3% from the same period last year, which is higher than the $7 billion 910 million expected by analysts. Data center business is seen as the key to Intel transformation. Its revenue growth has reached the largest growth rate of 24% so far, climbing to $5 billion 200 million, up from the previous estimate of $4 billion 730 million. After deducting special items, the profit per diluted share was 87 cents, up 32% from the 66 cent of the same period last year. Analysts expect Intels earnings per diluted share to be 72 cents, according to Thomson Reuters I/B/E/S. (Chen Chen) the source of this article: NetEase science and technology report editor: Wang Fengzhi _NT2541 Higher than expected earnings performance and confidence in the future expectations, Intel shares in after hours trading has risen to the highest level in nearly five years. The performance of data center business also shows that Intels major customers are not affected by the recent two major chip vulnerabilities. The client computing department, which provides chips for PC manufacturers, has the greatest contribution to sales. The revenue of the Department was $8 billion 200 million, up 3% from the same period last year, which is higher than the $7 billion 910 million expected by analysts. Data center business is seen as the key to Intel transformation. Its revenue growth has reached the largest growth rate of 24% so far, climbing to $5 billion 200 million, up from the previous estimate of $4 billion 730 million. After deducting special items, the profit per diluted share was 87 cents, up 32% from the 66 cent of the same period last year. Analysts expect Intels earnings per diluted share to be 72 cents, according to Thomson Reuters I/B/E/S. (cherishing Chen)