:max_bytes(150000):strip_icc()/Processor-1c853de3d35a4d3abd837a8baa2e3b42.jpg "intel burn test home")
Microprocessor technology sparked by the Intel 4004 allows us to stay connected during the pandemic. Finally, Q4 was a sacred moment for the entire technology industry as we led the 50th anniversary celebration of the Intel 4004, the chip that changed the world.
While there is a lot left to do, we're building momentum, and we intend to continue our laser focus on execution, innovation, and growing the business. Third, just last week, we announced our new manufacturing site in Ohio, which will support our future growth and advances our plan to create a more geographically balanced, resilient supply chain. Second, we began unfolding our plan to find innovative ways to sustainably unlock shareholder value with the announcement of our intent to take Mobileye public in 2022. To begin with, we've recently completed the first close of the sale of our NAND business on time, a critical step in optimizing our portfolio in line with our new strategy.
#Intel burn test home series#
We also took several in a series of key steps to shape our business. We broke ground on two new fabs in Arizona three months ahead of schedule as part of the largest overall manufacturing expansion in Intel's history and all while managing a challenging COVID environment and focusing on the safety of our employees, suppliers, and partners. As an IDM, we were able to rapidly adjust to support customers' mix changes, often with a normal lead time, and manufactured more than 2 million wafers. Supporting these record results, our manufacturing network continued its superb execution throughout the year. And finally, IOTG had another $1 billion quarter to cap a record year as the need for compute at the edge continues to grow.
#Intel burn test home Pc#
And in Q4, we outperformed our plan and delivered another $10 billion quarter, highlighting again that the PC is more essential than ever.Ĭontinuing our momentum as the market leader in ADAS and AV solutions, Mobileye grew more than 40% year on year in 2021, delivering a 14th consecutive year of revenue growth. We had a record year for our client business. We expect that our Xeon shipments in December alone exceeded the total server CPU shipments by any single competitor for all of 2021. We had a record quarter for DCG, where we grew 20% year on year and where we continue to be the partner of choice for cloud and data center customers. We exceeded our guidance for the quarter by over $1 billion on the top line, finishing with our best quarter and our best full-year revenue ever. Q4 was a tremendous finish to a transformational year where we beat expectations on both the top and bottom line. Everyone here at Intel wishes him all the best in his future endeavors as he begins his planned retirement in May. I also want to take a moment to thank George for his many contributions during the critical period in the company's transformation.
We're very excited to have him join our team. Many of you know Dave well and know his track record of successfully driving shareholder value. First, let me say welcome to Dave, who is joining us for his first earnings call. Thank you, Tony, and good afternoon, everyone.
#Intel burn test home full#
We will be providing guidance for full year '22 at our Investor Day on February 17. In today's call, we will be discussing both the Q4 2021 and the full year 2021 results, providing forward-looking guidance for Q1 '22. The earnings presentation and earnings release available on include both the full GAAP and non-GAAP reconciliations. Today, we will be speaking to the non-GAAP financial measures when describing our consolidated results. A brief reminder that this quarter we have provided both GAAP and non-GAAP financial measures. Please refer to our press release for more information on the specific risk factors that could cause actual results to differ materially. *Stock Advisor returns as of January 10, 2022īefore we begin, let me remind everyone that today's discussion contains forward-looking statements based on the environment as we currently see it, and as such, it does include risks and uncertainties. and Intel wasn't one of them! That's right - they think these 10 stocks are even better buys. They just revealed what they believe are the ten best stocks for investors to buy right now. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* When o ur award-winning analyst team has a stock tip, it can pay to listen. In a moment, we'll have brief remarks from Pat and Dave followed by Q&A. Also joining us is our prior CFO, George Davis. I'm joined today by our CEO, Pat Gelsinger and our new CFO, Dave Zinsner. The earnings presentation is also available in the webcast window for those joining us online.
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