Intel revenues flat as PC market sales fall but data centre sales rise
.jpg)
Intel has posted flat revenues at $19.2 billion in its third quarter, attributing the result to significantly lower sales into the PC sector, offset by rising data centre product sales.
As a result, sales for the year so far are very marginally down. However, CEO Bob Swan raised the company's outlook for the rest of the year, pointing to the growth in the company's Data Center Group - up by four per cent $6.4 billion - against analysts expectations of a fall of 8.5 per cent as proof that the company has regained traction.
Swan also indicated that the company intends to compete more aggressively in the PC market, where demand has exceeded Intel's expectations, according to Swan. "PC demand has exceeded our expectations and surpassed third-party forecasts," said Swan.
Intel is now forecasting revenues of about $71 billion this year as the company improves the supply of product to the PC market - a market that Swan admitted the company had let down with its troubled shift from 14nm process architecture to 10nm - now running more than three years late.
"We expect our second-half PC client supply will be up double-digits compared to the first half and we expect to further increase our PC client supply by mid-to-high single-digits in 2020, but that growth hasn't been sufficient," Swan said. "We're letting our customers down and they're expecting more from us."
The void left by Intel's decision to focus limited supply on the high-end server and data centre markets has been filled by AMD with CPUs based on its Zen architecture, which offer similar performance to Intel's CPUs, but at lower price points.
Next year, Intel is expected to launch its ‘Xe'-branded discrete graphics cards. The technology behind GPUs, the chips that power graphics cards, is increasingly being used for the mathematical calculations behind artificial intelligence and machine learning applications, particularly in the data centre.
While Intel has integrated graphics capabilities with its PC CPUs, the power of Intel's integrated graphics is limited compared to the technology offered by AMD and Nvidia in their respective GPU architectures.

Latest Jobs
-
- IAM Consultant- OKTA
- Germany
- upto €90,000 plus benefits
-
I am looking for an experienced IAM process Manager to help drive forward a series of IAM implementation for a global Manufacturing business, Ideally you will be skilled with Okta and have knowledge of PAM Solutions, You will be responsible for: Driving the design and continuous improvement of complex IAM solutions in close collaboration with business partners Consult on the optimisation of IAM processes and design proper IT-based solutions to meet availability and quality targets Define technical specifications for SW-development (standards, design patterns, test cases, scenarios) and manage the life cycle of designed solutions Actively scan for relevant innovations and new technologies to identify further potential for improving IAM solutions and processes using OKTA Analyse new features of the regular Okta releases We are looking for someone with strong IAM experience as an Architect, Analyst, Technical Engineer, or similar role in the Identity and Security domain Experience with relevant certifications in development/administration, design and configuration of the Okta IAM platforms Familiar with LCM - joiners, movers, leavers, application federation - SAML, OIDC, SCIM and many other IAM terms Good mix of competences in IAM business process and project management concepts and tools e.g., ServiceNow, Jira, PRINCE2, SCRUM (agile)
-
- SAP Security Consultant
- France
- upto €70,000 plus benefits
-
I am looking for an experienced SAP Security Consultant. The ideal candidate will have a strong understanding of SAP security concepts and be able to apply them to real-world scenarios. ideally you will also have experience with Securitybridge or Onapsis, or a similar SAP security tool. Your responsibilities will include: Reviewing and auditing SAP security settings and controls Identifying and remediating security vulnerabilities Implementing security best practices Educating users on SAP security Experience experience in SAP security Experience with Securitybridge or Onapsis, or a similar SAP security tool would be very advantageous Strong understanding of SAP security concepts Excellent problem-solving and analytical skills Excellent communication and presentation skills Fluent in French & English
-
- Post Grad MSc Cyber security - Junior Cyber Risk Analyst wanted. UK
- United Kingdom
- Entry role
-
The perfect start to your new Cyber Security Career. Post Graduate Cyber Risk Analyst Wanted. Are you are fresh from earning your Cyber Security MSc and eager to start your career in Cyber Security? We are looking for a recent post graduate to join a forward thinking Cyber Security Consultancy for the ideal entry role into Cyber Security. Whilst employed industry experience is not expected, as full training and support will be provided, a history of recent education in Cyber Security / Cyber Risk is essential. We are looking for someone with an inquisitive mind, who is confident to ask the right questions and who isn't afraid to challenge the status quo. Superb communication skills are a must (in person, written and verbal) This is a UK based role that is remote first with monthly travel (1-2 a month) to meet with the team and in time to meet clients. If you aren’t available to travel this isn’t the opportunity. We are unable to provide VISA sponsorship as there will be a requirement to achieve Security clearance If you're adaptable, open to fresh perspectives, and excited to be part of a forward-thinking team and looking for an opportunity to help make a difference in a Cyber consulting role, this opportunity is for you. For more information apply here……
-
- Microsoft Exchange Contractor | London | OUTSIDE IR35 | SC Cleared
- London
- OUTSIDE IR35
-
Microsoft Exchange Contractor | London | OUTSIDE IR35 | SC Cleared • We require someone that has experience of migration exchange from windows server 2012 to 2019. • In depth understand of On-Prem exchange server management and deployment. • Experience migrating On-Prem exchange servers from 2012 upwards. • Secure Email Gateway experience essential Due to the nature of the requirement the individual must be commutable to London 2-3 days a week.