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.
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'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.
Nvidia is replacing Intel on the Dow Jones Industrial Average, ending a 25-year-run for a pioneering semiconductor company that has fallen behind as Nvidia cornered the market for chips that run artificial intelligence systems NEW YORK -- Nvidia is ...
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.
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 ...
At the rack scale level, KAYTUS has introduced a rack scale server compatible with select OCP open standards, designed to embody the architecture of the future. This rack scale server accommodates both 19-inch and 21-inch nodes, offering versatile computing capabilities, open decoupling, and seamless business deployment right out of the box.
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,
A new ultraportable notebook from HP with the AMD Ryzen AI 300 "Strix Point" processor, set for release this December, features LPDDR5X-8000 memory which is a step up from the standard LPDDR5X-7500.
chip transition Analysts question Intel's AI strategy, competitive position Nov 1 (Reuters) - Intel's (INTC.O), opens new tab upbeat revenue projections on Thursday masked a sore point for the ...