Better than expected: Intel CEO Brian Krzanich speaking during a press conference at CES in Las Vegas, Jan 4. Revenue from the company's data centre business rose 8.4% in the fourth quarter. — Reuters
Intel Corp reported better-than-expected quarterly revenue and profit driven by a stabilising PC market and growth in its data centre business, which offers cloud-based software services.
Revenue from the data centre business rose 8.4% to US$4.67bil (RM20.7bil) in the fourth quarter, while revenue from its traditional PC business rose 4.3% to US$9.13bil (RM40.46bil).
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