Intel's quarterly revenue tops estimates as investors await new CEO
Company's quarterly results and forecast were overshadowed by questions about its long-term strategy and efforts to replace former CEO Pat Gelsinger, who was ousted last month
Intel forecasts first-quarter revenue below estimates
As the chipmaker undergoes a historic transition and attempts to emerge from one of its bleakest periods, it has also struggled to cash in on a boom in investment in advanced AI chips - a market led by Nvidia.
Intel's CEO search in focus as chipmaker set to post lower revenue
Intel will face investor scrutiny on its CEO search when it reports quarterly results on Thursday, as the chipmaker stares at another big decline in revenue due to weak PC sales and its shrinking share in the datacenter market.
Intel’s CEO Search Continues as Revenue Drops
After its worst annual performance in decades, the chipmaker faces investor questions about its strategy and leadership.
Intel, still without a permanent CEO, says sales will keep falling
Coming off one of the most difficult years in its history, Intel said it expects sales will fall by more than 6% in the first part of 2025. The company blamed an uncertain global economy, growing competition and weak demand from its core customers for its difficult outlook.
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.
Watch out Nvidia, a Linux leak revealing three new Intel Arc Battlemage GPUs may challenge the RTX 5000 series
Nvidia's RTX 5000 series could see some competition as a Linux leak may have revealed three new Intel Arc Battlemage GPUs.
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.
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Intel Cancels Falcon Shores AI Chip To Focus On ‘Rack-Scale Solution’
Intel said it no longer plans to sell its next-generation Falcon Shores AI accelerator chip that was due later this year so ...
Former Intel CEO Buys Nvidia Stock, Calls DeepSeek AI a Market Expansion Catalyst
Former Intel CEO Pat Gelsinger buys Nvidia shares, calling DeepSeek's AI breakthrough a market expansion opportunity, not a ...
Lawmakers urge Trump to consider new curbs on Nvidia chips used by China's Deepseek
Two U.S. Congress members are calling on President Donald Trump's administration to consider restricting the export of ...
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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 ...
Former Intel CEO Buys the AI Dip--Says Nvidia Panic Is Dead Wrong
DeepSeek's $6M AI breakthrough sent shockwaves through the market, but Gelsinger says investors are getting it all wrong.
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 ...
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Intel’s Latest Crisis and Its Impact on Israel
Job Creation and Economic Impact: With over 12,000 direct employees and thousands more in Intel’s supply chain, Intel is one ...