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’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.
Intel will report its Q4 earnings as company seeks permanent CEO
Intel is currently being led by co-CEOs David Zinsner, who also serves as CFO, and Michelle Johnston Holthaus, who is also CEO of Intel Products. The company is still searching for a permanent CEO to take the reins and attempt to revitalize the storied chipmaker.
Intel’s forecast missed by a mile. Here’s why the stock is rising anyway.
Some analysts say the outlook looks conservative. Another says investors are “likely growing numb to the company’s travails.” ...
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 ...
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 ...
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.
Intel's Q4 Beats Expectations, But Analysts Warn of Rocky 2025
Intel posts strong Q4 results but warns of challenges ahead as analysts lower price targets amid weak guidance ...
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 Q4: Can They Turn It Around?
Intel Corporation faces challenges with market share & revenue, but their turnaround plan shows promise. Click for my review ...
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 ...
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 ...
Nvidia rolls out GeForce RTX 5090 and 5080, and they are already sold out Comments
Nvidia rolls out GeForce RTX 5090 and 5080, and they are already sold out Comments. Read; Post your comment; Post your comment ...