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Intel(INTC) - 2024 Q4 - Earnings Call Presentation
IntelIntel(US:INTC)2025-01-31 00:11

Q4 2024 Financial Performance - Revenue was $14.3 billion, a 7% year-over-year decrease[8] - Gross margin was 42.1% on a non-GAAP basis, a 6.7 percentage point decrease year-over-year[8] - EPS was $0.13 on a non-GAAP basis, a $0.41 decrease year-over-year[8] - GAAP gross margin was 39.2%, down 6.5 percentage points year-over-year[8] - GAAP EPS was $(0.03), down $0.66 year-over-year[8] Q1 2025 Outlook - Revenue is expected to be between $11.7 billion and $12.7 billion[23] - Gross margin is expected to be 36.0%[23] - EPS is expected to be $0.00[23] Business Segment Performance - CCG (Client Computing Group) revenue was $7.3 billion with an operating margin of 38.1%[11] - DCAI (Data Center and AI) revenue was $3.3 billion with an operating margin of 6.9%[12] - NEX (Network and Edge) revenue was $1.5 billion with an operating margin of 20.9%[13] - Intel Foundry Services (IFS) revenue was $4.4 billion with an operating margin of -50.2%[15] Strategic Initiatives - Intel 18A is nearing completion and ramping into volume production in 2H'25[6, 16] - The company received first funding from the U S CHIPS and Science Act[6] - The company is on track to ship >100 million AI PCs by year-end[14]