https://wccftech.com/intel-posts-record-quarter-amidst-high-demand-for-cpus-and-14nm-shortage/

Intel (NASDAQ:INTC) has posted another record quarter in Q3’18 with record revenue and record profits. The company posted record quarterly EPS of $1.38 on back of record revenue of $19.2 billion – an all-time high and up 19% year over year. The Client Computing Group (CCG), the Data Center Group (DCG), the Internet of Things Group (IOTG), the Non-volatile Memory Solutions Group (NSG) and Mobileye all achieved record revenue. It’s worth keeping in mind that the company has been experiencing unprecedented demand and is currently running its fabrication facilities at maximum capacity and the lowered tax rate definitely helped.

“Stronger than expected customer demand across our PC and data-centric businesses continued in the third quarter. This drove record revenue and another raise to our full-year outlook, which is now up more than six billion dollars from our January expectations. We are thrilled that in a highly competitive market, customers continue to choose Intel,” said Bob Swan, Intel CFO and Interim CEO. “In the fourth quarter, we remain focused on the challenge of supplying the incredible market demand for Intel products to support our customers’ growth. We expect 2018 will be another record year for Intel, and our transformation positions us to win share in an expanded $300 billion total addressable market.”