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Intel made $15.4 billion of sales in the quarter, up from $14 billion

Intel said sales in the division that handles PC chips rose 33% to $8.8 billion in the fourth quarter, as the company’s overall revenue climbed. Intel made $15.4 billion of sales in the quarter, up from $14 billion a year before and better than analysts forecast. Intel also made $2.7 billion of profit, reversing a loss in the year-ago period. Gelsinger said Intel was positioned to grab a bigger part of the AI computing market as the focus shifts away from creating advanced AI systems and toward deploying them.

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