Intel Falls On Disappointing First-Quarter Revenue Forecast
Intel's quarterly revenue tops expectations as investors await new CEO
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 AI dreams slip further out of reach as it cancels its big data-center GPU hope, Falcon Shores
It’s no secret that Intel has been struggling on the AI front—its laggard status helped to fell CEO Pat Gelsinger two months ago—but the company made the extent of the problem crystal-clear on Thursday.
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 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 cancels AI chip, talks painful past and simplified future
Intel lost a mere $126 million quarterly, on $14.3 billion in revenue.
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 that allotment.
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Intel's Earnings Beat Can't Stop Data Center Slide
A report last month said its 18A process, which was supposed to be a "turning point" for Intel Foundry, is only achieving 10% yield rates, which industry site wccftech says makes "it impossible for the semiconductor to reach mass-production stages."
Intel Earnings Do Little to Excite Investors: What to Know
Intel stock is struggling for direction Friday after the chipmaker reported a fourth-quarter beat but gave weak guidance. Here's what Wall Street has to say.
Microsoft updates Intel-based Surface PCs, if you can pay for them
But if you work in a large organization or you're an IT administrator, the bifurcated approach continues. Microsoft announced some business-only versions of the Surface Pro tablet and the Surface Laptop last year that continued to use Intel processors, and today it's announcing two more, this time using Intel's Lunar Lake-based Core Ultra CPUs.
Intel: Panther Lake and Nova Lake on Track for 2025 and 2026
Although Intel has yet to announce who will help produce the processors, TSMC already works with Intel to manufacture Arrow Lake chips.
Intel: The Empire Strikes Back
Intel Corporation's Q4 earnings highlight sequential improvement and potential for growth under a new CEO. Click here to find out why INTC stock is a Buy.
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 be on store shelves Feb. 18. Just a day earlier, the company announced all users of the Microsoft Copilot AI assistant will be able to toggle on OpenAI’s o1 model for slower, more “thoughtful” responses.