Intel CEO Says First-Quarter Demand Picked Up on Laptop Orders
- Shift to working from home has helped boost PC sales
- Server chip demand also got lift from remote work, Swan says
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Intel Corp., the world’s largest chipmaker, saw demand pick up in the first quarter, buoyed by orders for personal computers needed to help people work from home during the coronavirus outbreak.
“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,” Chief Executive Officer Bob Swan said Thursday in an interview with Bloomberg Television. “What that has meant is demand for more and more devices, including PCs, for parents to continue to conduct their work and for kids to continue their education.”