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Despite significant growth in the semiconductor market, Intel’s profit for the year fell by 21%

Intel has published a report for the fourth quarter of 2021 and for the year as a whole. Although the semiconductor market, in which Intel is number two behind only Samsung, grew compared to 2020 more than 25%, Intel failed to take advantage of this growth.

Revenue for the quarter was $20.5 billion, up just 3% from the fourth quarter of 2020, when the company generated about $20.0 billion in revenue. Gross profit for the year decreased from 56.8% to 53.6%, operating margin – from 29.5% to 24.3%. Net profit in the fourth quarter of 2021 was equal to $5.9 billion, while the report for the fourth quarter of 2020 showed a value of $4.6 billion. In other words, Intel’s net profit for the year fell by 21%.

If we go to the figures for 2021 as a whole, the revenue is 79.0 billion dollars. In 2020, it was equal to 77.9 billion dollars. Growth, according to Intel estimates, was 1%. Net profit decreased by 5% – from 20.9 to 19.9 billion dollars.

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