https://wccftech.com/intel-q1-2021-earnings-the-companys-story-of-a-turnaround-looks-to-be-turbulent/

Intel (NASDAQ:INTC) is increasing its production capacity and implementing wide-ranging reforms to regain industry leadership under its new CEO, Pat Gelsinger. Against this backdrop, today’s announcement of the company’s Q1 2021 earnings has taken on an added significance.

For the three months that ended on the 31st of March 2021, Intel reported $19.67 billion in GAAP revenue, registering a decrease of 1 percent relative to the comparable quarter last year. However, the number marks an increase of 9.75 percent relative to consensus expectations.