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Intel Rises on Revenue Beat
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 stock inches up on solid earnings and revenue beat
The company reported earnings before certain costs such as stock compensation of 13 cents per share, squeezing past Wall Street’s consensus estimate of 12 cents per share. Revenue for the quarter came to $14.26 billion, up 7% from a year ago and ahead of the Street’s target of $13.81 billion.
Intel surprises, beats earnings and revenue expectations
Intel Corp. (Nasdaq: INTC) ended its 2024 with some better news for investors. Its fourth quarter year-over-year revenue landed at $14.3 billion, higher than analysts' expectations of $13.8 billion. The figure,
1d
on MSN
Intel's revenue forecast disappoints as investors await new CEO
Intel's first-quarter revenue forecast on Thursday missed analyst estimates, as the chipmaker grapples with tepid demand for ...
5d
on MSN
Intel's former CEO says the market is getting DeepSeek wrong after AI-chip-stock rout
Retired Intel CEO Pat Gelsinger said "the markets are getting it wrong" Monday after investors triggered a sell-off in ...
1d
Intel interim leadership reaffirms commitment to foundry business that includes Ohio
Intel Corp. ended 2024 with some better news for investors and interim leadership reiterated commitment to its contract ...
3d
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 ...
1d
on MSN
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.
1d
What's Going On With Intel Shares Friday?
Intel stock originally traded higher on Friday but has since reversed and began trading lower after the company reported 2024 ...
20h
on MSN
Intel’s AI dreams slip further out of reach as it cancels its big data-center GPU hope, Falcon Shores
Intel was set to release a new AI chip called Falcon Shores late this year, to replace its Gaudi 3 accelerator chip. But interim co-CEO Michelle Johnston Holthaus said on an earnings call that this ...
ExtremeTech on MSN
19h
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 ...
2d
on MSN
Intel Reports Earnings Today. Analysts Want a Permanent CEO.
Semiconductor analysts say that Intel needs a decisive new strategy—and that can only come from a permanent CEO as the chip ...
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