Intel, the world’s largest chipmaker, has said the company’s processor business was up in the first quarter due to more people working from home as a result of the coronavirus pandemic.
Bob Swan, CEO, Intel, made the comments to Bloomberg ahead of the company’s first-quarter earnings report on April 23, when the semiconductor giant is expected to give its first major insights into how the novel coronavirus has affected operations.
The company provides a majority of the x86 processors that run servers and PCs globally.
“It’s somewhat logical and intuitive. Where our lives are disrupted and we need to do more and more things from our home, we need to ensure we have the technology at our disposal so things can go on as normal as possible,” he said. “The server CPU demand is also up.”
Swan has previously said the company is delivering products to customers on deadline more than 90% of the time.
“It has been extremely important for our teams around the world, as an essential service, to meet the needs of our customers and meet the needs of their customers,” he said, adding that Intel has done so while working to protect the health of its employees.