Intel reported Q4 earnings that beat Wall Street’s expectations, particularly with its data center and AI segment generating revenue of $4.7 billion, versus analysts’ expectations of $4.4 billion.
Intel's struggle to keep up with the high demand for data-center chips driven by artificial intelligence has led to newly reported losses, sending shares plummeting before the Friday market opened.
CEO Tan focuses on cost-cutting and new product road map Intel's new manufacturing tech faces yield challenges, affecting margins Intel's stock has outperformed semiconductor index despite challenges ...