Not only did Intel’s consumer chips see 33 percent gains ($8.8B revenue), the CFO said on today’s earning call that “customer inventory levels have normalized” and Intel saw “record performance notebook shipments in the quarter.”
Intel says it hit its goal of $3B in cost-cutting in 2023, and made $2.66B in profit in Q4 (up from $796M loss this time last year).
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Japan just got a foldable flip phone that costs only $420 — or $265 on sale