Intel reports Q4 revenue up 10% YoY to $15.4B vs. $15.15B est., Data Center and AI down 10% YoY to $4B, and Q1 revenue guidance below estimates; INTC drops 10%+
Kif Leswing / CNBC :
CNBC Kif Leswing
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Discussion
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@firstadopter
Tae Kim
on threads
I expected Intel's Q1 guide to be weak (written about it several times) given soft Taiwan laptop data. But I was still surprised by magnitude. How can data center/PC be down double digits sequentially when they JUST launched (much better performing!) new laptop and server chips…
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@thetranscript_
@thetranscript_
on x
Intel with a double beat but weak guidance CEO: “...strong Q4 results, surpassing expectations for the fourth consecutive quarter with revenue at the higher end of our guidance...The quarter capped a year of tremendous progress on Intel's transformation...” $INTC: -6.2% AH [image…
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@munster_gene
Gene Munster
on x
$INTC is behind when it comes to GPU's, behind Nvidia, AMD and the Hyperscalers. In five years, I believe they'll still be behind.
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@intelnews
@intelnews
on x
Intel reports fourth-quarter and full-year 2023 financial results: https://www.intel.com/... [image]
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@irfanbaqui
Irfan Baqui
on x
Intel's weak data center guidance is a positive for Nvidia. It shows that dollars continue to shift to accelerators from cpus. $NVDA $INTC
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@benbajarin
Ben Bajarin
on x
Looks like @intel had a solid Q4 with earnings coming in at the high point of guidance. Good to see GM back into the mid 40s again as well. New customer for IFS, (4 total) and three new for advanced packaging (5 total). Confidence should increase in the turnaround....
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@zerohedge
@zerohedge
on x
Christ Intel, just reverse engineer the A100 already! How difficult can some corporate espionage really be
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@markhachman
Mark Hachman
on x
Intel Client Computing Group reported $8.8B in revenue for the quarter, up 33%. Data Center: $4.0B, down 10%. Network: $1.5B, down 24%. Mobileye: $637M, up 13%. Intel Foundry: $291M, up 63%.
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@markhachman
Mark Hachman
on x
Intel reports Q4 2023 profits of $2.7B, versus a loss of $0.7 billion a year ago. EPS was $0.63. Revenue was $15.4B, a 10 percent increase. Analysts (Yahoo Finance) expected EPS of 45 cents and $15.16B. Outlook: $12.2-$13.2B, analysts expected $14.16B.