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Intel Navigates Mixed Q1 Results; Secures Key Aerospace Contract Amid Foundry Challenges

Intel has reported a mixed financial performance in the first quarter, announcing a net profit per share of $0.18 and total sales of $12.78 billion, despite challenges in its foundry division. The technology giant disclosed these figures on the 25th, noting significant growth in its Client Computing Group (CCG) and Data Center and AI Group (DCAI), which saw revenues increase by 31% and 5% year-on-year, respectively, to $7.5 billion and $3 billion. However, the newly separated foundry division experienced a 10% revenue decline from the previous year, with a substantial operating loss of $2.5. . .

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