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Intel's quarterly revenue tops expectations
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.
Chipmaker Intel beats revenue expectations amidst Q4 loss
Intel reported a fourth-quarter loss on Tuesday, but better than expected revenue as the US chip giant continues to struggle to stake its place in the artificial intelligence revolution. The company's Client Computing Group,
Intel (NASDAQ:INTC) Beats Q4 Sales Targets But Quarterly Revenue Guidance Significantly Misses Expectations
Computer processor maker Intel (NASDAQ:INTC) reported Q4 CY2024 results , but sales fell by 7.4% year on year to $14.26 billion. On the other hand, next quarter’s revenue guidance of $12.2 billion was less impressive,
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, Surface and Microsoft
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 that allotment.
Microsoft Reveals New Surface Laptop 7 and Surface Pro 11 With Intel Chips
On Jan. 30, Microsoft showed off the latest Surface for Business Copilot+ PCs, Surface Laptop 7 and Surface Pro 11. Both will be on store shelves Feb. 18. Just a day earlier, the company announced all users of the Microsoft Copilot AI assistant will be able to toggle on OpenAI’s o1 model for slower, more “thoughtful” responses.
Intel (NASDAQ:INTC) Powers Two New Microsoft Surfaces
The good news about chip stock Intel (INTC) is that it can still get high-profile clients interested in using Intel’s processors to drive new
Intel reports Q4 earnings beat
Intel (INTC) Q4 2024 Earnings Call Transcript
Operator Thank you for standing by and welcome to Intel Corporation's fourth quarter 2024 earnings conference call. At this time, all participants are in listen-only mode. After the speakers' presentation,
Intel: Q4 Earnings Snapshot
The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of 12 cents per share. The world's largest chipmaker posted revenue of $14.26 billion in the period, also topping Street forecasts.
INTC Earnings: Intel Beats Q4 Estimates but Posts Soft Outlook
Intel (INTC) saw its shares gain slightly in after-hours trading despite the chip company projecting its 2025 first-quarter revenue to fall
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.
Trump Intel Nominee Gabbard Faces Senators and a Rough Confirmation Path
Tulsi Gabbard speaks at the Conservative Political Action Conference (CPAC) annual meeting in National Harbor, Maryland, U.S., February 22, 2024. REUTERS/Amanda Andrade-Rhoades/File Photo WASHINGTON (Reuters) - Former U.
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.
2h
on MSN
Intel’s AI dreams slip further out of reach as it cancels its big data-center GPU hope, Falcon Shores
We're not yet participating in the cloud-based AI data center market in a meaningful way,” Holthaus admitted. “We have learne ...
39m
on MSN
Intel’s forecast missed by a mile. Here’s why the stock is rising anyway.
Some analysts say the outlook looks conservative. Another says investors are “likely growing numb to the company’s travails.” ...
13h
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.
4h
In leaked memo, Meta says it will fire staff for leaking Zuckerberg speeches and company intel
Mark Zuckerberg bemoaned the fact his meetings and memos kept being leaked to the press, so Meta pledged to buckle down on ...
15h
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.
Barchart on MSN
19m
Don’t Rush to Buy Into the Intel Stock Turnaround Story
However, investors should exercise caution. Intel’s turnaround remains uncertain and unlikely to be swift. The stock could ...
1h
Intel price target lowered to $21 from $25 at Stifel
Stifel lowered the firm’s price target on Intel (INTC) to $21 from $25 and keeps a Hold rating on the shares. Q4 results were above management ...
18h
on MSN
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.
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