Intel delivers a reality check
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The troubled chip maker has seen its shares rise with AI demand and new investors, but revenue sagged 3.9% year-over-year to $13.7 billion.
Intel Arc Pro B70 is shaping up as a straightforward answer to a common workstation headache, running out of VRAM at the worst time. A new leak points to a launch soon, with the card described as the first shipping product built on Intel’s larger Battlemage BMG-G31 chip.
Intel reported fourth-quarter earnings on Thursday that beat Wall Street expectations but offered soft guidance for the current quarter.
Intel’s stock has more than doubled over the last year with investments from the Trump administration, SoftBank and Nvidia.
Intel just beat expectations with its latest results but came up short with its forecast as a supply crunch grips the chip sector.
It has once again been rumored that Apple might revive its chipmaking partnership with Intel, but the chips would be designed by Apple rather than Intel. In a research note today, obtained by MacRumors,
By Arsheeya Bajwa and Max A. Cherney Jan 22 (Reuters) - Intel said on Thursday it struggled to satisfy demand for its server chips used in AI data centers, and forecast quarterly revenue and profit below market estimates,
Intel reported earnings that beat estimates, but flagged issue with manufacturing that weighed on the outlook for coming quarters.
Intel shares tumbled Friday after the chipmaker's outlook disappointed, erasing much of the stock's gains over the past few weeks. Wall Street analysts suggested some of the investor enthusiasm behind the stock's recent rally may have been premature.
Intel Corp.’s stock slide is delivering a reality check to President Donald Trump’s vision for quickly reviving domestic chip manufacturing led by an American champion, four months after the US moved to acquire as much as a 10% stake in the company.