Intel revenue 2022-2024, by segment
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In 2024, Intel generated 53.1 billion U.S. dollars in revenue, with 30.3 billion U.S. dollars generated by the company's Client Computing Group, its core business unit serving the PC market. Revenues associated with Intel's data center and AI activities amounted to 12.8 billion U.S. dollars in 2024, a part of the business that is expected to receive greater interest moving forward.
Integration of AI into PCs and data centers
Intel is in a good position to benefit from the growing adoption of AI PCs, with its processor technologies helping to support AI applications on many devices. As well as PCs, growing demand for AI chips across data centers offers Intel further opportunities for growth, particularly as it looks to close the gap on the market leader Nvidia.
Strategic initiatives and industry dynamics
To strengthen its position in the evolving semiconductor market, Intel has been pursuing strategic initiatives such as its IDM 2.0 strategy. This plan involves expanding manufacturing capabilities and establishing Intel Foundry as a service that can serve external customers, enabling Intel to compete with the leading semiconductor foundries globally.
