Intel stock's improved outlook has mitigated recent selling intensity. Still, I argue why betting on the wrong horse (INTC) isn't wise, as the AI growth inflection takes center stage.
Intel's extensive presence in the enterprise will be an edge as it focuses its AI strategy on this segment. Learn why INTC stock is a Buy.
Intel's upbeat revenue projections on Thursday masked a sore point for the embattled company: chips touted for artificial intelligence have not lived up to sales expectations.
We will not achieve our target of $500 million in revenue for Gaudi in 2024,” CEO Pat Gelsinger just said on the company’s Q3 2024 earnings call today. Though Intel just launched its recent Gaudi 3 accelerator this past quarter,
18A is the node when Intel believes it will surpass TSMC in process technology. On the call, Gelsinger noted Intel's internal 18A products, Clearwater Forest for data centers and Panther Lake for PCs, have "met early 18A milestones."
Intel stock rises on a strong forecast but CEO Pat Gelsinger tells Barron’s that the company will miss its prior forecast for AI sales.
Intel is set to let several hundred employees go at three separate sites in Israel, with global layoffs set to top 15,000 over the next few months.
A new AMD blog post shows off Ryzen AI 9 HX 375's performance on LM Studio, a desktop app for hosting powerful LLMs locally. The Ryzen chip handily beats the Intel Core Ultra 7 258V in a bevy of performance tests.
In a bid to counter the rising influence of Arm in the PC and server processor markets, Intel and AMD have joined forces to establish the x86 Ecosystem Advisory Group. Announced at Lenovo's Tech World,
Intel’s AI PC and server processor business and its Intel Foundry business are seeing wins that CEO Pat Gelsinger said will help take the company forward.
The US firm behind the once ubiquitous “Intel Inside” labels has been hurt by a costly effort to start a foundry business as it also fends off upstart AI chip designers like Nvidia Corp ...