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 is set to let several hundred employees go at three separate sites in Israel, with global layoffs set to top 15,000 over the next few months.
In a bid to counter the rising influence of Arm in the PC and server processor markets, Intel and AMD have joined forces to establish the x86 Ecosystem Advisory Group. Announced at Lenovo's Tech World,
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.