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 Beats EPS, Revenue Estimates
Intel (NASDAQ:INTC), the global leader in semiconductor manufacturing, released its fourth-quarter 2024 results on Jan. 30, 2025. Intel reported non-GAAP earnings per share (EPS) of $0.13, exceeding analysts' estimates of $0.
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 revenue forecast disappoints as investors await new CEO
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, 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 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 cancels AI chip, talks painful past and simplified future
Today on the earnings call, Intel co-CEO Michelle Johnston Holthaus didn’t commit to either keeping or spinning out the ...
CRN3h
Intel Cancels Falcon Shores AI Chip To Focus On ‘Rack-Scale Solution’
Intel said it no longer plans to sell its next-generation Falcon Shores AI accelerator chip that was due later this year so ...
Could DeepSeek Accelerate The Age Of AI Transformation?
The DeepSeek technology has the potential of bringing more people into world of AI and expanding the transformative power of ...
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 ...
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 ...
CRN11h
Microsoft To Add Intel Processor Option For Surface AI Devices, New Security Copilot Expansion
Microsoft Surface Pro and Surface Laptop gain option for Intel Core Ultra processors Series 2, Security Copilot to come to ...
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 ...
Microsoft introduces new Intel-powered Surface Laptop 7 and Surface Pro 11 Copilot+ PCs
After some teases and hints last week, Microsoft has officially announced the arrival of Intel-powered versions of the ...
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.