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With Wall Street expecting Intel to report an 8% decline in revenue to $13.02 billion, according to data from LSEG compiled as of Oct. 26, investors want Gelsinger to provide clarity on his plans ...
Still, Intel's data center business improved markedly quarter-over-quarter, with third quarter DC revenue up 9.9% and segment operating profit up 25.7% relative to Q2. 3. Intel's "bet the company ...
Intel's co-CEOs discussed splitting the firm's manufacturing and products businesses Thursday. A separation could address Intel's poor financial performance. It also has political implications.
Intel is in crisis.The company forced out CEO Pat Gelsinger on Monday, its stock price is down more than 50% on the year, and the grand plan to add third-party semiconductor manufacturing to its ...
The details on Intel and Arm’s vaguely titled “Emerging Business Initiative” remain scarce, but the gist is that Intel will be working closely with startups developing their own Arm-based ...
Intel claimed that Arrow Lake would be the "world's first gaming processor with an AI accelerator" despite AMD's Ryzen 8000G desktop APUs, codenamed "Phoenix-G", with a dedicated XDNA AI engine launching first in January 2024. [10] On May 20, 2024, Intel reaffirmed that Arrow Lake was on track for a Q4 2024 release with an update promised at ...
Intel Corporation, an American multinational corporation and technology company headquartered in Santa Clara, California, is the world's largest semiconductor chip manufacturer by revenue. [ 1 ] [ 2 ] Since its inception, the company has acquired dozens of companies across the global technology industry, with seven multi-billion-dollar ...
Once a top tech stock, Intel (NASDAQ:INTC) has had a rough year. The pandemic has been kind on tech stocks, but competitors haven’t. INTC stock faced massive competition in recent years, and it ...