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 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 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 Stock Is Volatile After Earnings. There’s No Update on a New CEO.
Intel stock was wavering Thursday after the chip maker gave a softer-than-expected revenue forecast for the March quarter. Meanwhile, Intel’s interim co-CEOs told Barron’s there was no update around timing for the completion of the company’s permanent CEO search.
Intel won’t bring its Falcon Shores AI chip to market
Intel is effectively killing Falcon Shores, its next-generation GPU for high-performance computing and AI workloads.
Intel Revenues Fall 7 Percent to $14.3 Billion
Microprocessor giant Intel posted a loss of $100 million on revenues of $14.3 billion in the quarter ending 28, 2024.
Intel: The Empire Strikes Back
Intel Corporation's Q4 earnings highlight sequential improvement and potential for growth under a new CEO. Click here to find ...
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 ...
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 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.
CRN1d
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 ...
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 ...