Intel’s data-center group saw revenue fall more than 20% to $5.56 billion, while analysts surveyed by FactSet expected $5.89 billion. Intel is facing increased competition from rival Advanced Micro Devices Inc. AMD, and GPU specialist Nvidia Corp. NVDA in the data-center category.
“We are already shipping Ice Lake to more than 30 customers including major cloud providers communication service providers, enterprise, and [high performance computing] customers,” Gelsinger said, adding that Intel was going to be very aggressive in marketing to data centers.