Business Unit Summary
|
Key Business Unit Revenue and Trends |
|
Q4 2021 |
|
vs. Q4 2020 |
|
2021 |
|
vs. 2020 |
||
|
CCG |
|
$10.1 billion |
|
down |
7% |
|
$40.5 billion |
|
up |
1% |
|
DCG |
|
$7.3 billion |
|
up |
20% |
|
$25.8 billion |
|
down |
1% |
|
Internet of Things |
|
|
|
|
|
|
|
|
|
|
|
IOTG |
|
$1.1 billion |
|
up |
36% |
|
$4.0 billion |
|
up |
33% |
|
Mobileye |
|
$356 million |
|
up |
7% |
|
$1.4 billion |
|
up |
43% |
|
NSG |
|
$1.0 billion |
|
down |
18% |
|
$4.3 billion |
|
down |
20% |
|
PSG |
|
$484 million |
|
up |
15% |
|
$1.9 billion |
|
up |
4% |
Fourth-quarter revenue was led by an all-time record quarter for our Data Center Group (DCG), with strong server recovery in enterprise and government. The Internet of Things Group (IoTG) had a record quarter, reflecting strong demand on recovery from COVID-19 impacts. The Client Computing Group (CCG) delivered another $10 billion quarter, proving that PCs are more essential than ever.
Business Highlights
• Appointed David Zinsner as Executive Vice President and Chief Financial Officer, and announced that Executive Vice President Michelle Johnston Holthaus will lead Intel's Client Computing Group.
• Announced plans to take Mobileye public in the United States in mid-2022 via an initial public offering of newly issued Mobileye stock.
• Completed the first closing of the sale of our NAND memory business to SK hynix, Inc.
• Announced initial investment of more than $20 billion to build two new leading-edge chip factories in Ohio, where we are establishing the first advanced semiconductor campus in the “Silicon Heartland” of the Midwest. This will be Intel's first new manufacturing site location in 40 years.
• Launched the 12th Gen Intel® Core™ processor family, including the all-new 12th Gen Intel Core H-series mobile processors led by the Intel Core i9-12900HK, the fastest mobile processor ever created.1 The 12th Gen Intel Core family will include 60 processors and more than 500 designs.
• Announced that Habana Labs’ Gaudi AI Accelerators power Amazon EC2 DL1 Instances.
• Unveiled key packaging, transistor and quantum physics breakthroughs fundamental to advancing and accelerating computing well into the next decade and outlined its path toward more than 10x interconnect density improvement in packaging with hybrid bonding and 30% to 50% area improvement in transistor scaling.
• Began shipping Intel® Arc™ discrete graphics products (code-named "Alchemist") to OEM/ODM customers, with more than 50 design wins.
• Released the oneAPI 2022 toolkits to expand features to provide developers greater utility and architectural choice to accelerate computing.
• Introduced Mobileye updates, including the new EyeQ Ultra purpose-built SoC for autonomous vehicles, plans to deliver what is expected to be the world’s first level 4 autonomous vehicle for consumers with Geely’s Zeekr brand in 2024, and collaboration with Volkswagen Group and Ford to apply Mobileye’s mapping technology in driver assistance systems.
• Ranked #2 on JUST Capital's 2022 "Just 100" list, which reflects the performance of America’s largest publicly traded companies on the issues that matter most in defining just business behavior today.
Additional information regarding Intel’s results can be found in the Q4'21 Earnings Presentation available at:
www.intc.com.
Business Outlook
Intel's guidance for the first quarter includes both GAAP and non-GAAP estimates. Reconciliations between GAAP and non-GAAP financial measures are included below. Our first-quarter business outlook includes an additional week in the first quarter due to 2022 being a 53-week year.
|
Q1 2022 |
|
GAAP |
|
Non-GAAP |
|
|
|
Approximately |
|
Approximately |
|
Revenue |
|
$18.3 billion |
|
$18.3 billion^ |
|
Gross Margin |
|
49% |
|
52% |
|
Tax rate |
|
25% |
|
15% |
|
Earnings per share |
|
$0.70 |
|
$0.80 |
