Today on the earnings call, Intel co-CEO Michelle Johnston Holthaus didn’t commit to either keeping or spinning out the foundries, but hinted that “Intel Foundry will need to
Intel confirmed its next major client CPU architecture during a conference call today: “Nova Lake,” which will debut in 2026. The news was delivered by Michelle Johnston Holthaus, who heads Intel Product,
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.
Amid talk of "splits, saviors, and deals," Intel will deliver its first earnings report since Pat Gelsinger left as CEO.
Intel Corporation's Q4 earnings report and its plans for 18A release in 2H2025, seeing opportunity with TSMC's N2 node delay. Click for our INTC update.
Intel said it no longer plans to sell its next-generation Falcon Shores AI accelerator chip that was due later this year so that it can focus on developing a “system-level solution at rack scale” with a successor chip it’s calling Jaguar Shores.
Former Intel ( INTC, Financials) Chief Executive Pat Gelsinger revealed that he has acquired shares of Nvidia ( NVDA, Financials) and other artificial intelligence-related stocks, citing recent advancements in AI model training.
Intel's revenue declined for a third straight quarter, decreasing 7% from a year earlier, according to a statement. The company's net loss for the quarter totaled $126 million, or 3 cents per share, compared with net income of $2.67 billion, or 63 cents per share, in the same quarter a year ago.
In its quarterly report after the closing bell, Intel said it expects first-quarter revenue of US$11.7 billion to US$12.7 billion, compared with analysts' average estimate of US$12.87 billion according to data compiled by LSEG.
Intel reported a fourth-quarter loss on Tuesday, but better than expected revenue as the US chip giant continues to struggle to stake its place in
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