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.
Blue Origin unveils TeraWave, a satellite communications network for enterprise, data center, and government customers, and plans to begin deployment in Q4 2027
Jeff Bezos' space venture Blue Origin announced Wednesday it plans to deploy 5,408 satellites in space for a communications network that will take on SpaceX and Amazon.
Blue Origin unveils TeraWave, a satellite communications network for enterprise, data center, and government customers, and plans to begin deployment in Q4 2027
Jeff Bezos' space venture Blue Origin announced Wednesday it plans to deploy 5,408 satellites in space for a communications network that will take on SpaceX and Amazon.
Analysts expect Samsung's Q4 operating profit to jump 160% YoY to ~$11.7B, driven by a severe global shortage of memory chips amid booming AI demand
Foxconn reports Q4 revenue up 22% YoY to ~$82.7B, above ~$77B est., and record December revenue up 31.8% YoY to ~$27.5B, driven by AI and networking demand
Adobe reports Q4 revenue up 12% YoY to $5.05B, vs. $5.03B est., Digital Media revenue up 13% YoY to $3.72B, and FY 2024 guidance below est.; ADBE drops 5%+
- Adobe's fiscal fourth-quarter results surpassed expectations, but guidance for fiscal 2024 trailed estimates.