We have another company in our interest in covering the first 3 months of the year financially speaking and Intel is one of those companies, along with Microsoft, that can benchmark the health of the PC market in general.

And the news is, that there is no good news.

Intel will greet the weekend with more challenges than ever after reporting their Q1 2023 with revenues of $11.7 billion a 36% drop since last year and $8.1 billion of income which was eclipse by a 2.1 billion of operating loss, still a improvement of 136% at one hand, but that Intel is losing money in a fifth consecutive quarter.

Intel attributed not only to current market conditions but a change in employees ' stock options impacted the value of the company.

A big problem currently is Intel trying to catch up with competitors, specifically TSMC and their already capacity of doing manufacturing process of 5nm and now steady to be ready for 3nm and they are barely going for the 7nm and added to the mix, Intel foresee catching up on 2026 as early.

And hence, for those who believe that we are still on a PC boom thanks to the pandemic, ANOTHER evidence that this is all past.