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 lost a mere $126 million quarterly, on $14.3 billion in revenue.
Intel is effectively killing Falcon Shores, its next-generation GPU for high-performance computing and AI workloads.
Following the debut of the Intel Panther Lake chip later in 2025, Intel will launch Nova Lake to begin shipping in 2026.
The industry expects the resource-light new model could usher in a wave of more efficient AI models, hurting demand for AI ...
Less than three months since Intel was awarded $7.68bn in milestone-based federal grants, the company has received $2.2bn of ...
TSMC founder Morris Chang has revealed that Apple CEO Tim Cook rejected Intel as an iPhone chip manufacturing partner in 2011 ...
But if you work in a large organization or you're an IT administrator, the bifurcated approach continues. Microsoft announced ...
Intel on Thursday posted December-quarter results that beat analysts' low expectations, while its forecast for ...
Tulsi Gabbard, Trump's pick to be Director of National Intelligence, refused to call Edward Snowden a traitor at her ...
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