Intel has published a report for the past quarter. Revenue in the second quarter of 2021 was $ 19.6 billion in revenue. A year ago, this figure was $ 19.7 billion.
The gross margin for the year increased from 53.3% to 57.1%, and the operating margin decreased from 28.9% to 28.3%. At the same time, net profit decreased by 1%, amounting to $ 5.1 billion.
Interestingly, the company noticeably – by 11% – increased its expenses on research and development and marketing, general and administrative expenses, which are given in one line in the report. If a year ago, 4.8 billion dollars were spent on the listed purposes, then in the last quarter – 5.3 billion dollars.
Commenting on the situation, CEO Pat Gelsinger said the company could sell more chips if it could make them. Despite the fact that the company owns its own factories, it faces supply restrictions from its own suppliers of materials and equipment.
“We’re helping them build factories as quickly as they can,” Gelsinger told Reuters. “But it will be one of those things that will take a couple of years to fully meet this explosive demand that we are seeing, and we have better means to do that than others.”
Galsinger declined to comment on a recent report that Intel is in talks to buy GlobalFoundries for $ 30 billion.
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