Intel's revenue in the first quarter of this year fell by 36%

Intel's revenue in the first quarter of this year decreased by 36% and amounted to $11.7 billion.

that in the past quarter the company received a neta loss of $2.8 billion compared to a net profit of $8.1 billion it received in the first quarter of 2021. Intel expects to receive revenues of $11.5 billion to $12.5 billion in the current quarter of this year. The Intel Client Computing Group generated $5.76 billion in revenue last quarter, with $3.71 billion in data center and AI revenue. The Network Solutions business generated $1.49 billion in revenue. The Intel Foundry Services business brought in $118 million.