Intel Beats Earnings Estimates

Intel is transitioning from a PC chip maker to a company focused on data centers and IoT. While their traditional business remains profitable, new ventures pose challenges in profitability. Intel's financial performance is strong, with growth in market share despite a declining PC market. The company is expanding into IoT and cloud services, but these areas have lower margins. Intel faces competition from companies like Qualcomm and Texas Instruments in these new markets.

What is Intel's strategy in response to the shrinking PC market?

• Expanding into data centers and the Internet of Things

• Increasing prices of PC chips

• Focusing solely on PC chip production

• Reducing production of all chip types

Why is Intel cautious about raising gross margin guidance?

• Due to increased production costs

• Because of declining PC sales

• Because new business areas have lower gross margins

• Due to high competition in the PC market

Which of the following is a focus area for Intel's new business ventures?

• Smartphones

• Internet of Things

• Home appliances

• Retail technology

What is a key component of Intel's growth strategy?

• Exiting the semiconductor market

• Selling more low-margin products like memory and modems

• Focusing on high-margin products only

• Reducing the number of products offered

Who are some of Intel's competitors in the low-margin product market?

• Apple and Samsung

• Qualcomm and Texas Instruments

• IBM and Oracle

• Microsoft and Google