Intel's revenue forecast disappoints as investors await new CEO
Intel's first-quarter revenue forecast on Thursday missed analyst estimates, as the chipmaker grapples with tepid demand for traditional data center chips and declining share in the key personal computer market.
Intel forecasts first-quarter revenue below estimates
As the chipmaker undergoes a historic transition and attempts to emerge from one of its bleakest periods, it has also struggled to cash in on a boom in investment in advanced AI chips - a market led by Nvidia.
Former Intel CEO invests in AI inference startup
AI inference has long been a focus area for former Intel CEO Pat Gelsinger; that interest continues in his post-Intel investment in AI startup Fractile.
Intel's quarterly revenue tops expectations as investors await new CEO
Intel on Thursday posted December-quarter results that beat analysts' low expectations, while its forecast for current-quarter revenue missed estimates as the chipmaker grapples with tepid demand for its data center chips and as investors wait for a new CEO.
Intel's CEO Search in Focus as Chipmaker Set to Post Lower Revenue
Intel will face investor scrutiny on its CEO search when it reports quarterly results on Thursday, as the chipmaker stares at another big decline in revenue due to weak PC sales and its shrinking share in the datacenter market.
Intel’s CEO Search Continues as Revenue Drops
After its worst annual performance in decades, the chipmaker faces investor questions about its strategy and leadership.
Intel tops Q4 estimates, but outlook falls short as CEO search continues
Intel (NASDAQ:INTC) topped estimates when it reported its fourth quarter 2024 results on Thursday, and the company also revealed updates regarding its Foundry goals. Shares inched up during early post-market trading.
Former Intel CEO Pat Gelsinger is already using DeepSeek instead of OpenAI at his startup, Gloo
The tech industry's reaction to AI model DeepSeek R1 has been wild. Pat Gelsinger, for instance, is elated and thinks it will ...
DeepSeek Could Boost Intel Stock
The industry expects the resource-light new model could usher in a wave of more efficient AI models, hurting demand for AI ...
Intel's former CEO says the market is getting DeepSeek wrong after AI-chip-stock rout
Retired Intel CEO Pat Gelsinger said "the markets are getting it wrong" Monday after investors triggered a sell-off in ...
Intel Forecasts Loss as It Moves Closer To Separating Manufacturing Operations
Chip-maker Intel reported a slump in fourth-quarter sales and gave a gloomy outlook for its current period that executives said reflected a seasonal buying swoon. For decades the leading U.S.
Could DeepSeek Accelerate The Age Of AI Transformation?
The DeepSeek technology has the potential of bringing more people into world of AI and expanding the transformative power of ...
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Partners Cheer Intel’s Funding Boost, Say They’re Mixed On Its AI Efforts
Intel channel partners told CRN that the chipmaker is making the right move by boosting partner funding while citing concerns ...
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Intel’s Latest Crisis and Its Impact on Israel
Job Creation and Economic Impact: With over 12,000 direct employees and thousands more in Intel’s supply chain, Intel is one ...
Microsoft’s Copilot-focused Surface Pro and Laptop PCs ship with Snapdragon and Intel options
At an event in New York City on Thursday, Microsoft unveiled two additions to the Surface line of PCs. The new Surface Pro and Surface Laptop both arrive ...
Intel reports Q4 beats on top and bottom line, stock rises on foundry revenue outlook
For the quarter, Intel reported earnings per share (EPS) of $0.13 on revenue of $14.3 billion. Analysts were anticipating EPS of $0.12 on revenue of $13.8 billion. The company saw EPS of $0.54 and $15 ...