Intel thanks cloud for bumper growth
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Chipmaker's data centre division grew by a third in its latest financial quarter, driven by cloud "build out", especially in China
Intel's revenues grew by 25% year-on-year to $12.9 billion in the three months ending April 2 2011.
The company said growth was spread across all product segments, but made special mention of the data centre division, which sells components for server, storage and networking equipment and which grew by a third to $2.5 billion during the quarter.
CEO Paul Ottellini credited the division's growth to companies building cloud computing infrastructure, especially in China. "The cloud build out continues to be a major driver of growth for the company, with demand from China showing notable strength this quarter," he said.
Ottellini remarked that the segment is "outgrowing the traditional enterprise server market by a factor of two or three". By 2014, he expects 50% of the company's Xeon server chip range to be used in high performance computing or cloud environments, as opposed to conventional enterprise servers where 80% of Xeon chips have been used in recent years.
