Intel has released its latest financial figures and they make for grim reading. The company chalked up its biggest ever quarterly loss of $2.8 billion, slightly better than the $3 billion loss that was predicted earlier in the week, with overall revenues down fully 36% compared to the first quarter of 2022. Ouch.
Despite that, CEO Pat Gelsinger is extremely bullish about Intel's prospects. From a PC gamer's perspective, a couple of things stand out. First, Gelsinger says Intel's next-gen Meteor Lake is in production and will launch in the second half of this year. Yup, and actual product launch this year.
