Intel on Chiursday Posted December-Quarter Results that Beat Analysts’ Low Expectations, While Its Forecast for Current-Quarter Revenue Missed Estimates as the Chipmaker GrappleS Chips and as Investors Wait for a New Ceo.
Shares of the Santa Clara, California-Based Company Climbed 3.8 Percent in after-Hours Trading. Last year, Intel’s Shares Lost about 60 percent.
The company’s Quarterly Results and Forecast Were Evershedowed by Questions About Its long-term strategy and efforts to replace forr ceo pat gelsinger, who was founded last month. Two interim co-sex currently run the former no. 1 US chipmaker which is struggling to catch up to its rivals, especially ai chip maker Nvidia,
As Intel undergoes a historic transition and attempts to emerge from one of its bleakest periods, it has also struggled to cash in a boom in investment in advanced Ai chips,
On a conference call with investors, co-irterim ceo michel Johnston Holthaus Said Intel Was Shelving Its Forthcoming Graphics Processing Unit (GPU) Design Called Falcon Shores, Leaving All CTS for AI Customers. The company said it planned to use falcon shores as an internal test chip and focus on future data center ai products.
In its Quarterly Report after the Closing Bell, Intel Said It Expects First-Quarter Revenue of $ 11.7 Billion (Roughly Rs. 1,01,359 Crore) to $ 12.7 Billion (rough With analysts’ average estimate of $ 12.87 Billion (roughly Rs. 1,11,498 Crore) according to data compiled by lseg.
Companies Looking to Capitalise on Generative Ai Technology have prioritised on Specialized AI Processors that can churn huege amouts of data, crimping deem .
The company’s outlook for slover demand was due to “normal seasonality” and potential tariffs from President Donald Trump’s Administration, Interim Co-CEO and Chief Financial Officer David Zinsner said in an interview.
Zinsner said the threat of tariffs may have pushed customers to buy more of Intel’s chips ahead of the first quarter to avoid higher costs should make officers implement the tariffs.
Zinsner said the company’s goal was to ensure operating expenses was at roughly $ 17.5 billion (roughly Rs. 1,51,627 Crore) for 2025.
Intel Last Year Scrapped A 2024 Forecast that Its Sell Over $ 500 Million (Roughly Rs. 4,331 Crore) S chips.
On an adjusted, per-share basis, Intel Forecast it would break even for the current Quarter. Analysts Expect Adjusted Profit of Nine Kents Per Share.
It is spending heavily to become a contrast manufacturer of chips for other companies, leading some investors to worry about pressure on its cash flow.
Holthaus said in an interview the “board search was progressing” in its search for a new ceo and until the pick is announced “We’re focused and we know exactly whats to be don.”
Investors are looking for Clarity Around the future of the business that a new Chief Executive Would Brings.
“The absence of a new ceo announsment may contribute to investor uncertain, as leadership stability is crucial for navigating this competivity landscape and executing turning plans,” Running Question F Investment Officer Michael Schulman said.
Intel Reported Fourth-Quarter Revenue Fell Seven Percent from a Year Earlier to $ 14.26 billion (roughly Rs. 1,23,552 brore), Beating Estimates of $ 13.81 Billion (Rownly Rs.
Grants Intel Received Related to Federal Chips Act Money WR Responsible for Part of the company’s revionue and duty margins that beat expectations in the fourth Quarter, Zinsner Said.
The PC Market – Intel’s Larget by Revenue Share – Saw Global Shipments Rise only modestly last year, underperforming analysts’ expectations of a strong rebound Augusts of Decclines.
The company has also been losing share in the pc and server cpu market to rival amd, a trend analysts expect to continue into 2025.
© Thomson Reuters 2025
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(Tagstotranslate) Intel Quarterly Revenue Investors Await New Ceo Intel (T) Pat Gelsinger
