While the upbeat total revenue forecast pushed up Intel shares by about 5% in early trading on Friday, its stock remains more than 50% lower for the year as the chipmaker misses out on the AI boom and struggles with a turnaround. The Gaudi disappointment ...
Dell Technologies and Intel are collaborating to accelerate enterprise transformation by packaging AI, applications, connectivity and infrastructure.
We will not achieve our target of $500 million in revenue for Gaudi in 2024,” CEO Pat Gelsinger just said on the company’s Q3 2024 earnings call today. Though Intel just launched its recent Gaudi 3 accelerator this past quarter,
While Intel said it will miss its modest 2024 revenue goal for Gaudi processors, rival AMD upgraded its full-year sales forecast for Instinct GPUs to a much higher number in the Nvidia-dominated data center AI chip market.
Intel's extensive presence in the enterprise will be an edge as it focuses its AI strategy on this segment. Learn why INTC stock is a Buy.
Intel U.S. Channel Chief Michael Green told CRN that channel partners will play a “massive role” in rollout of the Gaudi 3 accelerator chip in 2025.
Intel stock's improved outlook has mitigated recent selling intensity. Still, I argue why betting on the wrong horse (INTC) isn't wise, as the AI growth inflection takes center stage.
NEW YORK (AP) — Nvidia is replacing Intel on the Dow Jones Industrial Average, ending a 25-year-run for a pioneering semiconductor company that has fallen behind as Nvidia cornered the market for chips that run artificial intelligence systems.
Investments in AI will continue to weigh on margins ... The Motley Fool has positions in and recommends Advanced Micro Devices and Microsoft. The Motley Fool recommends Intel and recommends the following options: long January 2026 $395 calls on Microsoft ...
Nvidia is set to replace Intel on the Dow Jones Industrial Average on Nov. 8. The switch highlights Nvidia's rise in AI chips as Intel's influence wanes. Nvidia’s partnerships and booming demand have driven record-breaking revenue growth. Nvidia is set ...
Intel stock rises on a strong forecast but CEO Pat Gelsinger tells Barron’s that the company will miss its prior forecast for AI sales.