Tag Archives: Intel

[unable to retrieve full-text content]Why Arm chips pose a threat to Intel and AMD’s PC dominance  Yahoo Finance Source link

[unable to retrieve full-text content]Intel CEO confident in its AI future after posting soft guidance  Yahoo Finance Source link

[unable to retrieve full-text content]Intel falls as weak PC chip demand hurts second-quarter forecast  Yahoo Finance Source link

Stocks retreated Friday following a gloomy outlook from Intel and as investors parsed a key inflation reading seen as influential in the timing of an interest rate cut. The S&P 500 (^GSPC) rose above the flatline after a winning Thursday saw the benchmark close at another record high. The Dow Jones Industrial Average (^DJI) edged up 0.2% or about 80 points, while the tech-heavy Nasdaq Composite (^IXIC) sank 0.1% Techs led the way lower after Intel’s (INTC) first quarter outlook fell well short… Source link

While breaking down fourth-quarter earnings results for ServiceNow (NOW) and Las Vegas Sands (LVS), Yahoo Finance Live Anchors Julie Hyman and Josh Lipton look ahead to the top corporate earnings expected out tomorrow, from companies like Visa (V) and Intel (INTC), alongside several economic data prints — US fourth-quarter GDP, jobless claims, and new home sales. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor’s note:… Source link

[unable to retrieve full-text content]Why Intel, Facebook, Google have pulled out of one of the world’s biggest tech summit over Israel  Times of India Source link

Intel (INTC) Intel shares fell after reporting quarterly results which missed analyst expectations. Fourth quarter adjusted revenue of $14.04 billion came in below the Wall Street’s consensus estimate of $14.49 billion. The chip maker’s adjusted earnings per share came in at 10 cents versus expectations of 19 cents. Guidance for the first quarter also came in light. The company anticipates cost reductions between $8 billion and $10 billion by the end of 2025. Hasbro (HAS) The toymaker announced… Source link

Intel (INTC) may report another negative earnings surprise when it reports fourth-quarter results and guidance on Thursday, according to Citi. “We expect Intel to guide below the normal seasonal range for 1Q23 revenue and EPS given continued weakness in the PC and data center end markets,” Citi chips analyst Chris Danely wrote in a new client note on Tuesday. “We expect Intel to give full year guidance and talk about a 2H23 recovery but we do not believe it will happen until 2024 and our… Source link

The red-hot PC market is rapidly slowing after surging during the COVID-19 pandemic, and powerhouse chip players AMD and Intel are feeling the financial pain. “We have taken a more conservative outlook on the PC business,” AMD CEO Dr. Lisa Su said on an earnings call late Tuesday. “So a quarter ago, we would have thought that the PC business would be down, let’s call it high-single digits [percentage]. And our current view of the PC business is that it will be down, let’s call it mid-teens… Source link

NEW YORK — The NBA draft is Thursday at 8 p.m. ET, and there will be a lot of intel and speculation coming out the next few days as teams gear up for the big night. There is no clear-cut No. 1 overall pick like in years past, but Jabari Smith remains the safest pick at No. 1. Here’s a breakdown of all the latest information coming out heading into the draft. (This page will be continually updated with the latest information and intel from around the league.) Wednesday updates Jalen Williams… Source link