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Data Center Growth Drives Intel's Fourth-Quarter Revenue, Profit Beat


Ron Burgundy
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FILE PHOTO - Gameplayers demonstrate vitual reality headsets during the Intel press conference at CES in Las VegasRevenue from the data center business rose 8.4 percent to $4.67 billion in the fourth quarter, while revenue from its traditional PC business rose 4.3 percent to $9.13 billion. Intel continues to expect a similar growth rate in the cloud segment, but does not expect an improvement in its enterprise unit, the company said on a call with analysts. The PC unit includes sales of chips for mobile phones and tablets.




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