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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,
Intel’s stock inches up on solid earnings and revenue beat
The company reported earnings before certain costs such as stock compensation of 13 cents per share, squeezing past Wall Street’s consensus estimate of 12 cents per share. Revenue for the quarter came to $14.
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.
8h
on MSN
Intel’s forecast missed by a mile. Here’s why the stock is ‘numb’ to the problem.
Some analysts say the outlook looks conservative. Another says investors are in wait-and-see mode while Intel works to hire a ...
9h
on MSN
Intel Falls On Disappointing First-Quarter Revenue Forecast
Intel Corp. shares fell after the chipmaker issued a revenue forecast for the current period that fell short of analysts’ ...
23h
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.
Money Morning
6h
Intel's Earnings Beat Can't Stop Data Center Slide
A report last month said its 18A process, which was supposed to be a "turning point" for Intel Foundry, is only achieving 10% ...
7h
Intel interim leadership reaffirms commitment to foundry business that includes Ohio
Intel Corp. ended 2024 with some better news for investors and interim leadership reiterated commitment to its contract ...
1d
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.
ExtremeTech on MSN
1h
Intel Xeon Prices Fall Sharply to Head Off AMD Epyc
When Intel released its Xeon 6980P processor, it put the MSRP at $17,800. That price dropped to $12,460, making for a 30% cut in one move. By contrast, the 5th generation AMD Epyc 9654 has an MSRP of ...
2d
on MSN
Intel Just Created a Big Problem for AMD
Semiconductor giant Intel ( INTC -0.20%) is in the middle of an existential crisis. The company lacks a permanent CEO, its ...
23h
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 ...
1d
Microsoft updates Intel-based Surface PCs, if you can pay for them
But if you work in a large organization or you're an IT administrator, the bifurcated approach continues. Microsoft announced ...
1d
How TSMC beat Intel to be Apple's main chip foundry
TSMC and Apple's partnership hasn't always been certain, with a new interview detailing how the company fended off an attempt ...
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