After the late 2022 launch of viral ChatGPT, powered by Nvidia GPUs, Gelsinger hoped Intel's AI chips could win new business.
The AI chip maker will join the 30-company stock indexm which is seen as a bellwether for U.S. economic fortunes.
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 ...
Intel stock rises on a strong forecast but CEO Pat Gelsinger tells Barron’s that the company will miss its prior forecast for ...
Intel was for decades Silicon Valley’s dominant chip company. But missed opportunities and poor execution left it on the ...
While many AI-oriented chip stocks like Nvidia are up a lot on the year, Intel finds itself down just over 50% for 2024. To add insult to injury, the stock was just kicked out of the Dow Jones ...
Ends a 25-year-run for a pioneering semiconductor company that has fallen behind as Nvidia cornered the market for chips that ...
Intel’s revenue reached $35.9 billion YTD 2024, growing 6.2%, while operating margins rose to 27%, showing cost management ...
Intel's Q3 earnings showed a slight revenue beat but a big earnings miss due to restructuring charges, leading to a mixed ...
Jim Cramer shared his insights on Monday regarding the recent changes in the Dow Jones Industrial Average. He emphasized the ...
Nvidia (NVDA) shares rose 1% in Monday morning trading as the AI chipmaker is set to join the Dow Jones Industrial Average, ...
Intel is set to let several hundred employees go at three separate sites in Israel, with global layoffs set to top 15,000 ...