Expects Full-year 2021 Non-GAAP Revenue of $72 billion and Non-GAAP EPS of $4.55
SANTA CLARA, Calif., March 23, 2021 — Intel Corporation today provided a financial update and full-year 2021 business outlook.
The company expects to exceed its previously communicated first-quarter 2021 non-GAAP revenue and earnings-per-share (EPS) guidance, driven by continued strong notebook demand.
For the full year, Intel expects continued strong PC demand with double-digit PC TAM percentage growth. Intel client CPU supply is also expected to be up double-digits year-over-year. However, PC revenue will be tempered by the industry-wide shortage of critical third-party components, such as substrates, which the company is working with its supply chain partners to mitigate. Intel’s full-year business outlook also reflects entity list uncertainty. (…) Weiterlesen »