Notably, Intel remained profitable for the full year with $63.1 billion in total revenue and net income of $8.01 billion. For comparison, Intel generated $79 billion in.
In brief: Intel finished 2022 on wobbly legs but is steadfast in its belief that greener pastures are looming. Intel reported revenue of $14.0 billion for the fourth quarter ending December 31, 2022, which is down 32 percent compared to the same period a year earlier. Gross margin slid to 39.2 percent from 53.6 percent a year earlier, and net income (loss) was $644 million. Earnings per share (loss) for the quarter checked in at $0.16.
Notably, Intel remained profitable for the full year with $63.1 billion in total revenue and net income of $8.01 billion. For comparison, Intel generated $79 billion in revenue and $19.
