Maximum PC: Intel earlier this week announced its second quarter financial results, revealing that it raked in $12.8 billion in revenue, operating income of $2.7 billion, and net income of $2.0 billion, the latter of which is down 29 percent compared to the same quarter a year ago. Even with the decline, a $2 billion quarterly profit is hardly anything to sneeze at, and several companies would love to trade positions with the Santa Clara chip maker. However, investors can't be thrilled that Intel was slow to react to the mobile market.
Last Friday, Intel CEO Pat Gelsinger told CNBC he thinks the chip shortage will last into 2024.
The Radeon RX 6500M outperforms the Intel Arc A370M in AMD benchmarks. This week, Intel unveiled its Arc laptop GPUs, which featured the A370M from the Arc 3
AMD has a larger market cap than Intel for the first time in history. Since its initial Zen architecture in 2017, AMD's fortunes have improved dramatically.
