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 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’ expectations.
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'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 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.
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’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 ...
Intel cancels AI chip, talks painful past and simplified future
Intel lost a mere $126 million quarterly, on $14.3 billion in revenue.
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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% ...
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 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.
Intel interim leadership reaffirms commitment to foundry business that includes Ohio
Intel Corp. ended 2024 with some better news for investors and interim leadership reiterated commitment to its contract ...
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 ...
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, ...
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 ...
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 ...