https://wccftech.com/intel-nasdaq-intc-q1-2020-earnings-a-strong-performance-in-an-uncertain-environment/

Intel (NASDAQ:INTC) is, inarguably, a behemoth in the global semiconductor space, having taken the lead from Samsung Electronics in 2019 to capture the industry apex. The chipmaker is also currently dominating the CPU market in China. Consequently, investors and analysts were eagerly anticipating the company’s Q1 2020 earnings that have now become a key barometer in gauging the health of the global chipmaker industry in an era characterized by unprecedented demand destruction due to the ongoing coronavirus (COVID-19) pandemic. The results for the pertinent quarter were released moments ago and they certainly did not disappoint, with the chipmaker reporting healthy growth in its top-line as well as bottom-line metrics.

For the three months that ended on the 31st of March 2020, Intel earned $19.8 billion in revenue, marking an increase of 23 percent year over year.