Earnings Call Summary | Intel(INTC.US) Q1 2024 Earnings Conference
Earnings Call Summary | Intel(INTC.US) Q1 2024 Earnings Conference
The following is a summary of the Intel Corporation (INTC) Q1 2024 Earnings Call Transcript:
以下是英特尔公司 (INTC) 2024 年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Intel reported a Q1 revenue of $12.7 billion, with a YoY growth of 9%.
The quarter witnessed a gross margin of 45.1%, surpassing the guidance by 60 basis points.
The company's EPS stood at $0.18 for the quarter, exceeding the guidance by $0.05.
Operating cash flow was recorded as negative $1.2 billion.
The company anticipates stronger sequential revenue growth throughout the year and into 2025.
Intel predicts peaking of costs in 2024, with revenue improvements in Q3 and Q4 that will help lift gross margins in the second half.
The company projects better gross margin rates in 2025 than in 2024, targeting mid-50s margins midway between now and 2030, with an ultimate aim of 60%.
英特尔报告第一季度收入为127亿美元，同比增长9％。
该季度的毛利率为45.1％，比预期高出60个基点。
该公司本季度每股收益为0.18美元，比预期高出0.05美元。
运营现金流记录为负12亿美元。
该公司预计，全年乃至2025年，收入的连续增长将更强劲。
英特尔预计成本将在2024年达到峰值，第三季度和第四季度的收入将有所改善，这将有助于提高下半年的毛利率。
该公司预计，2025年的毛利率将高于2024年，目标是从现在到2030年中期实现50年代中期的利润率，最终目标是60％。
Business Progress:
业务进展：
Intel announced Microsoft as its fifth Intel 18A customer, with another meaningful customer signed on.
Intel launched the next-generation Gaudi 3 accelerator and the Open Platform for Enterprise AI project.
The first sustainability summit in the industry was hosted by the company, showcasing its commitment to supply chains that are diverse, resilient, trusted, and sustainable.
Intel successfully transitioned to a new operating model and introduced Intel Products and Intel Foundry.
Clearwater Forest, the first Intel 18A product, is slated to be launched next year, enabling Intel to accelerate share gains.
Intel is preparing for the IPO of Altera with a plan to bring in a private equity partner this year.
Intel showed progress in its IDM 2.0 vision, high customer interest in Xeon's AI capabilities, and the launching of Sierra Forest, a Xeon 6 product.
The company hinted at adjusting the volatility of its gross margin, aligning it more with revenue growth, spending parameters in the fabs, start-up costs, and the mix.
There are expectations of around $500 million in revenue from the introductory Gaudi product, and Intel believes better enterprise AI offerings will trigger significant business growth.
The company foresees its foundry business breaking even by 2030.
For software, Intel is developing a seamless transition from Gaudi 3 to Falcon Shores, with added programmability advantages with Falcon Shores.
英特尔宣布微软为其第五个英特尔18A客户，另一位有意义的客户已签约。
英特尔推出了下一代高迪 3 加速器和企业人工智能开放平台项目。
该公司主办了业内首届可持续发展峰会，展示了其对多元化、有弹性、可信和可持续的供应链的承诺。
英特尔成功过渡到新的运营模式，并推出了英特尔产品和英特尔代工厂。
英特尔首款18A产品Clearwater Forest定于明年推出，这使英特尔能够加速股价上涨。
英特尔正在为Altera的首次公开募股做准备，并计划在今年引进私募股权合作伙伴。
英特尔在IDM 2.0愿景方面取得了进展，客户对至强的人工智能功能表现出了浓厚的兴趣，以及至强6产品Sierra Forest的推出。
该公司暗示将调整其毛利率的波动性，使其与收入增长、晶圆厂支出参数、启动成本等结构更加一致。
预计高迪推出的产品将带来约5亿美元的收入，英特尔认为，更好的企业人工智能产品将触发显著的业务增长。
该公司预计，到2030年，其铸造业务将实现收支平衡。
在软件方面，英特尔正在开发从高迪3到Falcon Shores的无缝过渡，Falcon Shores具有额外的可编程性优势。
More details: Intel IR
更多详情： 英特尔 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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译文内容由第三方软件翻译。