Intel reports Q1 revenue up 7% YoY to $13.58B, vs. $12.42B est., driven by CPU demand, and forecasts Q2 revenue and adjusted EPS above est.; INTC jumps 20%+
- Intel reported first-quarter earnings that beat Wall Street expectations … Intel reported first-quarter earnings Thursday …
Intel reports Q1 revenue up 7% YoY to $13.58B, vs. $12.42B est., and forecasts Q2 revenue and adjusted EPS above estimates; INTC jumps 15%+ after hours
Intel has been a Wall Street darling of late even as the business has yet to find much momentum.
Intel agrees to pay $14.2B to repurchase Apollo's 49% stake in the Fab 34 JV in Ireland, and plans to issue $6.5B in new debt to fund it; INTC closed up 8.84%
Intel reports Q4 revenue down 4% YoY to $13.7B, vs. $13.4B est., Data Center and AI revenue up 9% to $4.7B, Q1 guidance below est.; INTC drops 10%+
Intel reported fourth-quarter earnings Thursday that beat Wall Street expectations but offered soft guidance for the current quarter.
Intel reports Q4 revenue down 4% YoY to $13.7B, vs. $13.4B est., a $600M net loss, up from $100M in Q4 2024, Q1 guidance below est.; INTC drops 11%+ after hours
Intel reported fourth-quarter earnings on Thursday that beat Wall Street expectations but offered soft guidance for the current quarter.
Intel reports Q3 revenue up 3% YoY to $13.7B, vs. $13.2B est., and net income of $4.1B, vs. a net loss of $16.6B in Q3 2024; INTC jumps 7%+
Intel reported better-than-expected revenue on Thursday, signaling that demand for its core x86 processors for PCs has recovered. The stock jumped 6% in extended trading.
Inside Intel's 700-acre Fab 52 in the Arizona desert, which cost $32B and is starting large-scale 18A chip production, as the company seeks to impress customers
the Arizona mega foundry building the future of 2nm chips Ian King / Bloomberg : Over three days in Arizona, Intel executives repeatedly asserted that its 18A process is the most advanced chip product...
Sources: Intel is in early-stage talks to add AMD as a foundry customer, but it lacks the technology to produce AMD's most advanced chips; INTC closed up 7.12%
Rohan Goswami / Semafor :
Sources: Intel CEO Lip-Bu Tan has spoken to TSMC CEO C.C. Wei about a partnership or a joint venture; he also met with Tim Cook this year; INTC closes up 8.9%
Wall Street Journal :
A look at Intel's $28B Ohio chip factory, the largest economic development project in Ohio's history, initially set for a 2025 opening but now delayed till 2030
Kris Maher / Wall Street Journal : Bluesky: @computing and @scottlincicome Bluesky: Dennis Lam / @computing : i am long INTC on the grounds that as a natural security matter, it will be forced to suc...