
On Thursday Intel posted a rather mixed financial report. On the one hand, the company's sales increased 10% year-over-year in the fourth quarter. On the other hand, its revenue for the whole year 2023 dropped 14% from 2022. Because of higher demand for PCs, shipments of Intel's client products increased by 33% YoY in Q4 FY2023, but at the same time sales of datacenter products declined 10% year-over-year.