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.
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 ...
18A is the node when Intel believes it will surpass TSMC in process technology. On the call, Gelsinger noted Intel's internal 18A products, Clearwater Forest for data centers and Panther Lake for PCs, have "met early 18A milestones."
In recent years, Intel has lost its manufacturing lead to competitors like TSMC and has missed opportunities in the generative AI sector, notably by not investing in OpenAI, the parent company of ChatGPT, as reported by Reuters. Intel’s stock has ...
NEW YORK (AP) — 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.
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's Q3 earnings showed a slight revenue beat but a big earnings miss due to restructuring charges, leading to a mixed market reaction. Would I still buy Intel now? Read on here.
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.
The Modular Data Center Market is expected to grow from USD 29.93 billion in 2024 to USD 79.49 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 17.7% during the forecast period, according to a new report by MarketsandMarketstm.
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.
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,