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Published on 12:18 GMTSource: The Financial Times - Neutral
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Published on 19:30 GMT
Intel stock slides, employees fret as turnaround prospects dim
Intel shares slid more than 7% Friday morning, a day after the chipmaker issued a dismal financial outlook that cooled investor expectations for a corporate comeback. Five times Thursday, new CEO Lip-Bu Tan told investment analysts on a conference call …
Source: OregonLive.com - Neutral -
Published on 19:30 GMT
Intel posts flat Q1 2025 revenue, reduces capex and says expect job cuts in Q2
Intel CEO Lip-Bu Tan has said he plans to cut “unnecessary bureaucracy” and take the chipmaker back to its roots and “empower our engineers,” following the company posting flat year-over-year (YoY) revenue results for Q1 2025. First quarter revenue totaled …
Source: Data Center Dynamics - Neutral -
Published on 17:41 GMT
Intel Stock Plunges as Tepid Guidance Overshadows Q1 Earnings Beat
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Intel stock (NYSE: INTC) is trading sharply lower as markets gave a thumbs down to its Q1 2025 earnings report. While the …
Source: Economy Watch - Indeterminate -
Published on 15:41 GMT
Intel's older CPUs are being snapped up. Well, duh
To me, the biggest surprise of Intel’s earnings call wasn’t that Intel is selling out of its older chips. It’s that people are finally paying attention. For years, the mantra in the tech world has been, buy the latest and greatest. The newer, the better. …
Source: PC World - Neutral -
Published on 15:18 GMT
Intel's elderly Raptor Lake CPUs are still selling surprisingly well and the reason is simple: They're cheap
Given they're over two and half years old and plagued with reliability concerns, you might be surprised to learn that Intel's Raptor Lake CPUs are selling like high-temperature baked comestibles. That's according to Intel itself in its latest …
Source: PC Gamer - Neutral -
Published on 13:40 GMT
Intel CEO charts new AI course to challenge Nvidia
Intel’s CEO, Lip-Bu Tan, has unveiled a new strategy aimed at narrowing the gap with Nvidia in the fiercely competitive AI chip market. This decisive move comes after years of missed opportunities and unsuccessful acquisitions. Now, the firm is shifting …
Source: Cryptopolitan - Indeterminate -
Published on 16:48 GMT
Intel posts flat year-over-year earnings and bleak outlook, warns about macroeconomic pressures
Intel on Thursday posted its financial results for the first quarter of 2025. The company's earnings were flat year-over-year; however, its losses deepened, and its gross margin declined despite lower operating expenses. While sales of the company' …
Source: Tom's Hardware - Neutral -
Published on 15:19 GMT
New Intel CEO outlines tough decisions, more cuts ahead
Intel Corporation is bracing for another wave of workforce reductions, a move expected to affect employees companywide, including those at its longtime Folsom campus. The announcement came Thursday from newly appointed CEO Lip-Bu Tan, whose detailed …
Source: Folsom Times - California - Pending -
Published on 18:32 GMT
Intel shares fall as dour forecasts overshadow CEO's turnaround promises
INTEL'S shares fell more than 8% on Friday as the company's weak revenue and profit forecasts overshadowed new CEO Lip-Bu Tan's strategy to revitalise the embattled chipmaker. Years of bad decisions have left the struggling American chipmaking …
Source: The Sun Daily - Pending