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.
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'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, still without a permanent CEO, says sales will keep falling
Coming off one of the most difficult years in its history, Intel said it expects sales will fall by more than 6% in the first part of 2025. The company blamed an uncertain global economy, growing competition and weak demand from its core customers for its difficult outlook.
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.
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.
Watch out Nvidia, a Linux leak revealing three new Intel Arc Battlemage GPUs may challenge the RTX 5000 series
Nvidia's RTX 5000 series could see some competition as a Linux leak may have revealed three new Intel Arc Battlemage GPUs.
TechCrunch on MSN39m
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. The move ...
Lawmakers urge Trump to consider new curbs on Nvidia chips used by China's Deepseek
Two U.S. Congress members are calling on President Donald Trump's administration to consider restricting the export of ...
Former Intel CEO Buys Nvidia Stock, Calls DeepSeek AI a Market Expansion Catalyst
Former Intel CEO Pat Gelsinger buys Nvidia shares, calling DeepSeek's AI breakthrough a market expansion opportunity, not a ...
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 ...
The Times of Israel2h
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 ...
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 ...
Maingear unveils Nvidia GeForce RTX 50 series desktop gaming PCs and workstations
Maingear unveiled its custom-configurable Nvidia GeForce RTX 50 Series gaming desktops, featuring the RTX 5080 and RTX 5090 GPUs.
중앙일보1h
With Korea's brightest chip minds, FADU eyes the next Broadcom
FADU CEO Lee Ji-hyo set his company up for success well ahead of market relevance with its controllers for solid-state drives, and is now ready to capitalize on AI boom.