Intel fourth-quarter 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’s CEO Search Continues as Revenue Drops
After its worst annual performance in decades, the chipmaker faces investor questions about its strategy and leadership.
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's CEO search in focus as chipmaker set to post lower revenue
Intel will face investor scrutiny on its CEO search when it reports quarterly results on Thursday, as the chipmaker stares at another big decline in revenue due to weak PC sales and its shrinking share in the datacenter market.
Intel tops Q4 estimates, but outlook falls short as CEO search continues
Intel (NASDAQ:INTC) topped estimates when it reported its fourth quarter 2024 results on Thursday, and the company also revealed updates regarding its Foundry goals. Shares inched up during early post-market trading.
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’s chipmaking division lost $13 billion last year, but its losses are no longer historic
But Intel says its foundry business is doing better anyhow, with reduced losses of $2.3 billion last quarter, expected ...
Gabbard’s Refusal to Call Snowden a Traitor Draws Pushback at Hearing to Be Intel Chief
Tulsi Gabbard, Trump's pick to be Director of National Intelligence, refused to call Edward Snowden a traitor at her ...
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 ...
Intel shows signs of progress in the face of another revenue decline
Intel Corp. saw further declines in revenue during the latest quarter but beat its guidance on a closely watched margin ...
TSMC Founder Reveals Why Apple Chose Them Over Intel as Custom Chip Supplier
TSMC founder Morris Chang has revealed that Apple CEO Tim Cook rejected Intel as an iPhone chip manufacturing partner in 2011 ...
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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 ...
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 ...
Intel Q4 results
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 ...
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 ...
Intel reveals its 2026 PC processor plans
Following the debut of the Intel Panther Lake chip later in 2025, Intel will launch Nova Lake to begin shipping in 2026.