Intel Pulls in More Cheddar than Ever, Posts Record Quarter

Paul Lilly

What would you do if you came into $10.8 billion? You'd brag to your friends and anyone else who would listen, that's what. That's also what Intel is doing , who pulled in exactly that much in second quarter revenue, ranking as the best quarter the world's largest chip maker has ever had. And for what it's worth, that's a 34 percent jump in the company's year-over-year numbers. Put another way, life is good in Santa Clara.

"Strong demand from corporate customers for our most advanced microprocessors helped Intel achieve the best quarter in the company's 42-year history," said Paul Otellni, Intel president and CEO. "Our process technology lead plus compelling architectural designs increasingly differentiate Intel-based products in the marketplace. The PC and server segments are healthy and the demand for leading-edge technology will continue to increase for the foreseeable future."

Despite questions about the future of netbooks, Intel's Atom platform (processor and chipset) remains a strong seller, contributing $413 million in revenue, up 16 percent sequentially. Intel also noted a 2 percent sequential gain in its PC Client Group revenue with record mobile microprocessor revenue, and a 13 percent sequential gain in its Data Center Group, breaking yet another record.

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