Today on the earnings call, Intel co-CEO Michelle Johnston Holthaus didn’t commit to either keeping or spinning out the foundries, but hinted that “Intel Foundry will need to
Intel is effectively killing Falcon Shores, its next-generation GPU for high-performance computing and AI workloads.
Retired Intel CEO Pat Gelsinger said "the markets are getting it wrong" Monday after investors triggered a sell-off in response to China's DeepSeek.
The DeepSeek technology has the potential of bringing more people into world of AI and expanding the transformative power of AI to a broader audience.
Microprocessor giant Intel posted a loss of $100 million on revenues of $14.3 billion in the quarter ending 28, 2024.
As the chipmaker undergoes a historic transition and attempts to emerge from one of its bleakest periods, it has also struggled to cash in on a boom in investment in advanced AI chips - a market led by Nvidia.
Analysts suggest the AI effort is part of the story, but the limits of math means that percentages can be deceptive.
Intel Corporation's Q4 earnings highlight sequential improvement and potential for growth under a new CEO. Click here to find out why INTC stock is a Buy.
At an event in New York City on Thursday, Microsoft unveiled two additions to the Surface line of PCs. The new Surface Pro and Surface Laptop both arrive
For the quarter, Intel reported earnings per share (EPS) of $0.13 on revenue of $14.3 billion. Analysts were anticipating EPS of $0.12 on revenue of $13.8 billion. The company saw EPS of $0.54 and $15.4 billion in revenue in the same quarter last year.
India’s IT minister announced the country’s goal to launch competitive foundational AI models with a new compute facility housing 18,693 GPUs. This initiative aims to lower training costs significantly,