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Intel and AMD expects 2023 Q2 revenue to decline year-over-year, expected to grow sequentially

According to foreign media reports, the two major chip manufacturers, Intel and AMD, released their financial reports for the first quarter. All have been affected, and both revenue and net profit have declined year-on-year.

Judging from the financial report, Intel’s revenue in the first quarter was US$11.7 billion, a year-on-year decrease of 36%, which was not as good as the previous quarter’s US$14 billion; AMD’s revenue was US$5.353 billion, a year-on-year decrease of 9%, compared with the previous quarter’s US$5.599 billion. reduce.

In addition to the year-on-year decline in revenue in the first quarter, the two major chip manufacturers, Intel and AMD, also expect that the revenue in the second quarter will decline year-on-year, and the quarter-on-quarter is expected to increase, but it may continue to decline.

In the financial report, Intel expects the revenue in the second quarter to be US$11.5 billion to US$12.5 billion 12, which is significantly lower than the 15.3 billion in the second quarter of last year. AMD is expected to have revenue of about US$5.3 billion, with a fluctuation of US$300 million, which is not as good as the US$6.55 billion in the second quarter of last year.

Judging from the revenue forecasts given by the two companies, Intel’s revenue in the second quarter will grow quarter-on-quarter as long as it is more than $200 million higher than the expected lower limit; AMD’s quarter-on-quarter growth will be $353 million higher than the expected lower limit.

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James Lopez
James Lopezhttps://www.techgoing.com
James Lopez joined Techgoing as Senior News Editor in 2022. He's been a tech blogger since before the word was invented, and will never log off.

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