I'm on a staff call but Intel reported: net loss of $100M (down 105%) with revenue of $14.3B (down 7%) on EPS of (0.03). Intel CCG rev is $8.0B, down 9%. Outlook is $11.7-$12.7B.
$INTC not out of the woods yet but making progress. Revenue, EPS, GM, above guidance and signs the cost reduction plans are working to return back to profitibality. Intel still has upside, even without a clear AI story still a lot of silicon TAM increase Intel can grab $$$. [imag…