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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.
1h
on MSN
Intel’s AI dreams slip further out of reach as it cancels its big data-center GPU hope, Falcon Shores
We're not yet participating in the cloud-based AI data center market in a meaningful way,” Holthaus admitted. “We have learne ...
13h
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.
14h
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 ...
3h
In leaked memo, Meta says it will fire staff for leaking Zuckerberg speeches and company intel
Mark Zuckerberg bemoaned the fact his meetings and memos kept being leaked to the press, so Meta pledged to buckle down on ...
2h
Intel price target lowered to $23 from $26 at JPMorgan
JPMorgan analyst Harlan Sur lowered the firm’s price target on Intel (INTC) to $23 from $26 and keeps an Underweight rating on the shares. The ...
14h
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.
9h
Microsoft Reveals New Surface Laptop 7 and Surface Pro 11 With Intel Chips
On Jan. 30, Microsoft showed off the latest Surface for Business Copilot+ PCs, Surface Laptop 7 and Surface Pro 11. Both will ...
19h
Intel (NASDAQ:INTC) Powers Two New Microsoft Surfaces
The good news about chip stock Intel (INTC) is that it can still get high-profile clients interested in using Intel’s ...
20h
on MSN
Microsoft announces Intel-powered Surface Pro 11 and Surface Laptop 7
The rumors are true. Microsoft is launching Intel-powered versions of its Surface Pro 11 and Surface Laptop 7. Available on ...
17h
on MSN
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 ...
2h
on MSN
These Stocks Are Moving the Most Today: Apple, Intel, Chevron, Walgreens, Visa, Deckers, Atlassian, Vertex, and More
Apple stock rises after the tech giant posts better-than-expected earnings and guides for solid growth, while Intel’s ...
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