While the upbeat total revenue forecast pushed up Intel shares by about 5% in early trading on Friday, its stock remains more than 50% lower for the year as the chipmaker misses out on the AI boom and struggles with a turnaround. The Gaudi disappointment ...
Intel stock's improved outlook has mitigated recent selling intensity. Still, I argue why betting on the wrong horse (INTC) isn't wise, as the AI growth inflection takes center stage.
Intel's extensive presence in the enterprise will be an edge as it focuses its AI strategy on this segment. Learn why INTC stock is a Buy.
A new AMD blog post shows off Ryzen AI 9 HX 375's performance on LM Studio, a desktop app for hosting powerful LLMs locally. The Ryzen chip handily beats the Intel Core Ultra 7 258V in a bevy of performance tests.
Intel has been trashed by investors, but only trades at book value. New products led to improved revenue and profitability last quarter. Its ex-CEO wrote a positive op-ed saying the company's "unprecedented" turnaround remains on track. While many AI ...
Intel’s AI PC and server processor business and its Intel Foundry business are seeing wins that CEO Pat Gelsinger said will help take the company forward.
Intel CEO Pat Gelsinger calls Lunar Lake a 'niche' product whose importance grew once AI became critical. But Intel has no plan to repeat its integrated DRAM with other chips.
ISV Iterate.ai told CRN that it is bringing its Generate AI assistant application to AI PCs powered by Intel processors through TD Synnex.
Intel’s revenue reached $35.9 billion YTD 2024, growing 6.2%, while operating margins rose to 27%, showing cost management improvements. Learn more on INTC stock here.
We will not achieve our target of $500 million in revenue for Gaudi in 2024,” CEO Pat Gelsinger just said on the company’s Q3 2024 earnings call today. Though Intel just launched its recent Gaudi 3 accelerator this past quarter,
Intel stock rises on a strong forecast but CEO Pat Gelsinger tells Barron’s that the company will miss its prior forecast for AI sales.