Intel: 4Q20 Financial Financial Results

Intel reports financial results for 4FQ20 and FY 20

Global 4FQ20 revenue was $200 billion, down 1% Y/Y and $77.9 billion for FY20, up 8% Y/Y.

For the first time, we got the results for its non-volatile memory solutions group (NSG) or its storage business including Optane and 3D NAND primarily used in SSDs:

(in $ million)	4Q19	4Q20	FY19	FY20
Revenue	1,217	1,208	4,362	5,358
*Growth*		-1%		*23%*
*Operating income (loss)*	(96)	76	(1,176)	*361*

NSG sales for 4FQ20 is down 1% due to lower ASPs offset by bit growth but reach a record full-year revenue with %23% Y/Y..

This means that the company can be included in the top 10 storage firms in the world, around ≠7.

During the more recent quarter, the company introduced new Optane SSD series added third gen Optane persistent memory “Crow Pass” for enterprise and cloud customers.

Outlook in 1FQ21 revenue for the memory business only is minus $1.1 billion.

Earnings call transcript

Top News SK hynix to Acquire Intel NAND Memory Business (but Optane) for $9 Billion
Biggest storage acquisition in 2020 in front of Veeam by Insights Partners for $5 billion [with our comments]
20 October 20, 2020 | Press Release