Intel has reported second-quarter 2021 total revenues of $19.6 billion, flat from Q2 2020. The Santa Clara, California-based company's sales were supported by record Q2 revenue achieved by the personal computers and Mobileye businesses. In Q2, PC platform volumes were up 33 percent YoY. 

Despite this, the data center group (DCG) had diminishing sales of $6.5 billion, down by 9% from $7.1 billion last year. Its operating income has dived 37% to $1.9 billion (30% margin) from $3.1 billion (44% margin) a year ago. DCG adjacencies including Optane, AI accelerator, ethernet, 5G, and silicon photonics products have plunged by 20%. 

“There’s never been a more exciting time to be in the semiconductor industry. The digitization of everything continues to accelerate, creating a vast growth opportunity for us and our customers across core and emerging business areas. With our scale and a renewed focus on both innovation and execution, we are uniquely positioned to capitalize on this opportunity, which I believe is merely the beginning of what will be a decade of sustained growth across the industry,” said Pat Gelsinger, Intel CEO. “Our second-quarter results show that our momentum is building, our execution is improving, and customers continue to choose us for leadership products.”