Futurum’s Ron Westfall and Daniel Newman assess Intel’s financial results for the fourth quarter of fiscal 2022 and full year 2022 and why they believe the company is executing the strategy required to improve its overall financial situation, including focus on driving $3 billion in cost reductions in 2023, growing to $8 billion to $10 billion in annualized cost reductions and efficiency gains by the end of 2025, as well as making long game moves to boost prospects in key areas such as IFS, data center, and mobile & gaming platforms.
