- July 23, 2021
- Posted by: Stratford Team
- Category: Business
Intel’s Data Center Group has just turned in the third best revenue quarter in its history, just behind the two thirteen-week periods that started off 2020, which was before the coronavirus pandemic had hit and just after it hit and the full effects were not seen as yet. Oh, and when the hyperscalers and cloud builders were buying up server chips like mad. So given all of the general woes of the global semiconductor supply chain and the several acute problems Intel itself is facing, this would seem to be a cause for celebration.
But it really isn’t because the profitability of the Data Center Group – this is operating profits, which is what Intel reports, not gross profits or net income, which Intel doesn’t give out for its groups – is now averaging at a level we have not seen since 2013 and 2014, which the Data Center Group was considerably smaller. This is to be expected with some of the hyperscalers and cloud builders making their own…
