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Intel Rises on Revenue Beat
Intel rises on revenue beat as CEO hunt dominates investor focus
Intel shares rose 1.7% premarket on Friday as the chipmaker's quarterly revenue beat low expectations and investors focused on its search for a new CEO to steer the company through one of its most difficult periods.
Intel surprises, beats earnings and revenue expectations
Intel Corp. (Nasdaq: INTC) ended its 2024 with some better news for investors. Its fourth quarter year-over-year revenue landed at $14.3 billion, higher than analysts' expectations of $13.8 billion. The figure,
Intel’s stock inches up on solid earnings and revenue beat
The company reported earnings before certain costs such as stock compensation of 13 cents per share, squeezing past Wall Street’s consensus estimate of 12 cents per share. Revenue for the quarter came to $14.
Top Intel Dem on Tulsi Gabbard
Dem senators question Gabbard's readiness for top intel role
Democratic Sens. Mark Kelly and Mark Warner expressed concerns over how Tulsi Gabbard, President Trump's pick to be the director of national intelligence, would perform the job.
Top Intel Dem on Tulsi Gabbard: I’m going to vote against her
Sen. Mark Warner (D-VA), the Vice-Chair of the Senate Intelligence Committee, broke the news to MSNBC’s Lawrence O’Donnell that he will vote against Donald Trump’s controversial DNI pick Tulsi Gabbard after a contentious confirmation hearing.
Tulsi Gabbard faces skeptical senators at hearing to be intel chief
If confirmed, former Rep. Tulsi Gabbard would become the youngest-ever DNI. Sources tell ABC News the vote on her nomination is expected to be close.
1h
Intel Delays Its Monster Server CPU
Intel has pushed back its efficiency-focused Clearwater Forest server CPU to 2026. While the Intel 18A process is performing ...
23h
on MSN
Intel’s AI dreams slip further out of reach as it cancels its big data-center GPU hope, Falcon Shores
It’s no secret that Intel has been struggling on the AI front—its laggard status helped to fell CEO Pat Gelsinger two months ...
21h
on MSN
Intel Falls On Disappointing First-Quarter Revenue Forecast
Intel Corp. shares fell after the chipmaker issued a revenue forecast for the current period that fell short of analysts’ ...
1d
on MSN
Intel cancels AI chip, talks painful past and simplified future
Intel lost a mere $126 million quarterly, on $14.3 billion in revenue.
Money Morning
18h
Intel's Earnings Beat Can't Stop Data Center Slide
A report last month said its 18A process, which was supposed to be a "turning point" for Intel Foundry, is only achieving 10% ...
1d
on MSN
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.
21h
on MSN
Intel Earnings Do Little to Excite Investors: What to Know
Intel stock is struggling for direction Friday after the chipmaker reported a fourth-quarter beat but gave weak guidance.
2d
What to Expect Ahead of Intel’s (NASDAQ:INTC) Earnings Report
Among the panoply of earnings reports we see this week, chip stock Intel (INTC) is poised to roll out its own report. And, ...
1d
on MSN
Intel has already received $2.2B in federal grants for chip production
Less than three months since Intel was awarded $7.68bn in milestone-based federal grants, the company has received $2.2bn of ...
2d
TSMC Founder Reveals Why Apple Chose Them Over Intel as Custom Chip Supplier
TSMC founder Morris Chang has revealed that Apple CEO Tim Cook rejected Intel as an iPhone chip manufacturing partner in 2011 ...
20h
on MSN
Intel’s forecast missed by a mile. Here’s why the stock is ‘numb’ to the problem.
Some analysts say the outlook looks conservative. Another says investors are in wait-and-see mode while Intel works to hire a ...
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