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Intel Rises on Revenue Beat
Intel rises on revenue beat as CEO hunt dominates investor focus
Former CEO Pat Gelsinger was ousted last month, well before the completion of his four-year plan to turn around the company from years of missteps in its manufacturing operation and missed opportunities around the artificial intelligence boom that have left the erstwhile American chipmaking icon far behind its rivals.
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 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 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 plans to leverage Falcon Shores
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 plans to leverage Falcon Shores as internal test chip only
Says aiming to simplify roadmap and concentrate resources. Says move to leverage Falcon Shores as internal test chip only without bringing it
Intel cancels Falcon Shores GPU for AI workloads — Jaguar Shores to be successor
Intel's next-generation AI and HPC GPU will only be used internally, Jaguar shores will be the real successor for Gaudi 3 in the AI space.
TweakTown
2h
Sick of NVIDIA's RTX 5000 stock shortages? High-end Intel Battlemage GPU rumor may cheer you up
Already fed up with NVIDIA's next-gen GPUs having sold out in a flash? A hint of a B770 has been dropped, perhaps to offer ...
2d
Nvidia Has 1 Huge Competitive Advantage That Probably Flies Under the Radar of Many Investors
Nvidia has a reputation for being an "employer of choice." This gives Nvidia an advantage over other tech companies that are ...
CRN
1d
Partners Cheer Intel’s Funding Boost, Say They’re Mixed On Its AI Efforts
Intel channel partners told CRN that the chipmaker is making the right move by boosting partner funding while citing concerns ...
2h
Intel: Too Early To Bet On A Turnaround
Intel Corporation (NASDAQ: NASDAQ: INTC) has seen a volatile 2024, marked by events like the announcement of the dividend ...
6d
on MSN
Why Nvidia's New Graphics Cards Could Be Bad News for AMD and Intel
Nvidia (NASDAQ: NVDA) is the undisputed leader in the artificial intelligence (AI) chip market these days. It has been ...
2d
Nvidia’s Agentic AI Agenda At CES Was Smart, But It Could Go Further
The GPU giant laid out a very smart approach to agentic AI earlier this month at CES, but it could do more to clarify its ...
1h
Intel (INTC) Receives a Hold from Cantor Fitzgerald
Cantor Fitzgerald analyst C J Muse maintained a Hold rating on Intel (INTC – Research Report) yesterday and set a price target of $22.00. The ...
17h
Maingear unveils Nvidia GeForce RTX 50 series desktop gaming PCs and workstations
Maingear unveiled its custom-configurable Nvidia GeForce RTX 50 Series gaming desktops, featuring the RTX 5080 and RTX 5090 GPUs.
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 ...
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