Intel will face investor scrutiny on its CEO search when it reports quarterly results on Thursday, as the chipmaker stares at another big decline in revenue due to weak PC sales and its shrinking share in the datacenter market.
Among the panoply of earnings reports we see this week, chip stock Intel (INTC) is poised to roll out its own report. And, for the most part,
Amid talk of "splits, saviors, and deals," Intel will deliver its first earnings report since Pat Gelsinger left as CEO.
Kash Patel, President Donald Trump’s pick to lead the FBI, has for years battled US intelligence agencies over the handling of some of the government’s most sensitive national security secrets.
Semiconductor giant Intel ( INTC -0.20%) is in the middle of an existential crisis. The company lacks a permanent CEO, its foundry-centric strategy is up in the air, market share losses are stressing financials, and its artificial intelligence (AI) chip efforts have largely floundered.
Retired Intel CEO Pat Gelsinger said "the markets are getting it wrong" Monday after investors triggered a sell-off in response to China's DeepSeek.
The industry expects the resource-light new model could usher in a wave of more efficient AI models, hurting demand for AI hardware.
Pat Gelsinger, who retired from Intel last year, said that if he were still leading the company, he would be open to working with DeepSeek.
EXCLUSIVE: Dozens of top former intelligence officials are urging members of the Senate to confirm President Trump’s nominee for Director of National Intelligence Tulsi Gabbard, saying she will “begin undoing the gross politicization that has come to characterize intelligence bureaucracies,
As the clock ticks toward the deadline, the Warriors have floated a protected first-rounder as a sweetener in potential deals.
Intel is expected to report fourth-quarter results after the market closes Thursday, with analysts expecting the chipmaker to swing to a loss.
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