Intel lost a mere $126 million quarterly, on $14.3 billion in revenue.
Intel is effectively killing Falcon Shores, its next-generation GPU for high-performance computing and AI workloads.
We recently published a list of Coatue’s 35 Most Important AI Stocks. In this article, we are going to take a look at where Intel Corporation (NASDAQ:INTC) stands against Coatue’s other most important AI stocks.
Retired Intel CEO Pat Gelsinger said "the markets are getting it wrong" Monday after investors triggered a sell-off in response to China's DeepSeek.
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 Corporation's Q4 earnings highlight sequential improvement and potential for growth under a new CEO. Click here to find out why INTC stock is a Buy.
Investing.com-- Mizuho analysts have lowered their price target on Intel Corporation (NASDAQ: INTC) (NASDAQ: INTC), saying that the semiconductor giant faces ongoing challenges in the PC and server markets. Analysts lowered PT to $20 from $21 while maintaining a "Neutral" rating.
Holthaus also revealed that Intel plans to use Falcon Shores as an internal test chip, not launching it in the market. This move is part of the company's strategy to streamline its roadmap and optimize resources. "AI data center...is an attractive market for us," Holthaus said during the call. "But I am not happy with where we are today."
Intel has abandoned its plans for the Falcon Shores AI chip, shifting focus to Jaguar Shores for system-level solutions in the AI data center market. Interim co-CEO Michelle Johnston Holthaus acknowledged that Gaudi chips have not met expectations and emphasized the need for complete rack scale solutions to address customer demands for efficient and cost-effective compute.
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