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Intel Rises on Revenue Beat
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 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,
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,
26m
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 ...
13h
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.
12h
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.
2h
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 ...
12h
on MSN
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 ...
2d
DeepSeek Could Boost Intel Stock
The industry expects the resource-light new model could usher in a wave of more efficient AI models, hurting demand for AI ...
14h
on MSN
Intel’s Push to Revive Sales Pays Off in Fourth Quarter Results
Intel Corp. reported better-than-feared fourth-quarter revenue, but warned that its return to competitiveness will take time.
1h
Intel price target lowered to $23 from $26 at JPMorgan
JPMorgan analyst Harlan Sur lowered the firm’s price target on Intel (INTC) to $23 from $26 and keeps an Underweight rating on the shares. The ...
16h
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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