Intel beats fourth-quarter earnings and revenue estimates but offers a downbeat outlook for the ongoing quarter.
Some analysts say the outlook looks conservative. Another says investors are in wait-and-see mode while Intel works to hire a permanent CEO.
Intel also admitted that its Gaudi 3 AI accelerator has not achieved “meaningful” adoption.
Solid traction from an accelerated ramp-up of AI PCs helped INTC record better-than-expected fourth-quarter results.
Mark Zuckerberg bemoaned the fact his meetings and memos kept being leaked to the press, so Meta pledged to buckle down on staff.
Semiconductor giant Intel Corporation has already received $2.2 billion in federal grants from the U.S. Department of Commerce through the U.S. CHIPS and Science Act, the company shared during its Thursday earnings call. Dave Zinsner, Intel’s co-…
A last-minute swing toward the upside in trading ahead of the session close has kept a Trump announcement on new tariffs at bay for now.
Intel is effectively killing Falcon Shores, its next-generation GPU for high-performance computing and AI workloads. The move comes as Intel tries to correct course after a number of disappointing product launches and historic losses, while competitors…
The headline numbers for Intel (INTC) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Intel (INTC) delivered earnings and revenue surprises of 8.33% and 3.49%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?
The company says some customers may have stocked up on product ahead of tariffs.
International Business Machines (IBM) stock surged to its best advance in over a decade on Thursday after the tech conglomerate upended expectations with bookings in the fourth quarter for its artificial intelligence (AI) offerings.
NVIDIA, Alphabet and Intel are part of the Zacks top Analyst Blog.
At an event in New York City on Thursday, Microsoft unveiled two additions to the Surface line of PCs. The new Surface Pro and Surface Laptop both arrive with Copilot+ PC certification. Announced in May 2024, the program aims to identify business-focus…
Besides Wall Street’s top -and-bottom-line estimates for Intel (INTC), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
Melius Research sees ever more competition from Nvidia, which could hit the “profit pools” of AMD and Intel.
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