Intel announced its third fiscal quarter report for fiscal year 2023, with third fiscal quarter revenue of US$14.2 billion. A year-on-year decrease of 8%, with market expectations of US$13.54 billion.
Among them, client computing revenue was US$7.9 billion, a year-on-year decrease of 3%, compared with the expected US$7.4 billion; data center and artificial intelligence business revenue was US$3.8 billion, A year-on-year decrease of 10%, with market expectations of US$3.9 billion.
Intel’s net profit in the third fiscal quarter was approximately US$300 million, and adjusted earnings per share (EPS) was US$0.41, higher than expected. The official performance table as follows:
Intel shares jumped as much as 8% in after-hours trading after the results were released.
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