https://wccftech.com/intel-intc-reports-relatively-strong-q4-2020-earnings-as-investors-await-an-official-announcement-of-the-partnership-with-tsmc/

Intel (NASDAQ:INTC) is now a company on the cusp of significant reforms. After a change of the guard at the top echelon of the semiconductor behemoth, spurred by the hardball tactics of the activist hedge fund Third Point, Intel appears to be gearing up for an expansive partnership with TSMC. Against this backdrop, today’s earnings announcement by the company for the last quarter of 2020 has taken on an added significance.

For the three months that ended on the 31st of December 2020, Intel reported $20 billion in revenue, registering a decrease of 1 percent relative to the comparable quarter last year. For the full year, Intel earned a revenue of $77.9 billion, corresponding to an increase of 8 percent relative to 2019 levels.