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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.
LIVE
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.
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 (INTC) forecasts Q1 2025 revenue below expectations
The Intel Corporation is playing it careful as it comes into its next fiscal year with a cautious revenue forecast.
4h
on MSN
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.
2h
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.
CRN
2h
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 ...
1d
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 ...
malaymail
1h
Chipmaking giant Intel posts US$126m loss in 2024’s final quarter as AI race intensifies
Intel reported a fourth-quarter loss on Tuesday, but better than expected revenue as the US chip giant continues to struggle ...
CRN
1d
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 ...
5h
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 ...
2d
on MSN
Former Intel CEO Pat Gelsinger is already using DeepSeek instead of OpenAI at his startup, Gloo
The tech industry's reaction to AI model DeepSeek R1 has been wild. Pat Gelsinger, for instance, is elated and thinks it will ...
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