Analyst Commentary

Intel generates healthy growth in it business segments, delivering record 2nd quarter revenue



Intel (Nasdaq: INTC) grew revenue to $14.8 billion in 2Q17, a year-to-year increase of 14% (excluding divested Intel Security). Client Computing Group maintained its position as the primary source of Intel’s revenue, growing 12% year-to-year in 2Q17 to $8.2 billion, which Intel attributes to ASP strength and inventory build. Data Center Group followed at $4.4 billion, up 9% year-to-year in 2Q17. Intel noted that Cloud and Communications Service Provider segments contributed 60% of this segment’s revenue in 2Q17.

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