Intel reports Q4 revenue down 4% YoY to $13.7B, vs. $13.4B est., Data Center and AI revenue up 9% to $4.7B, Q1 guidance below est.; INTC drops 10%+
Intel reported fourth-quarter earnings Thursday that beat Wall Street expectations but offered soft guidance for the current quarter.
Google plans to invest $15B in India through 2030 to set up a 1GW data center and AI hub in the southern state of Andhra Pradesh; Google employs 14K in India
Google is making a $15 billion investment to set up a 1-gigawatt data center and AI hub in India, even as the Indian government pushes …
Nokia names Justin Hotard, who currently leads Intel's Data Center and AI operations, as its CEO starting April 1, as it focuses on data centers to drive growth
The telecom company expects data centers to be its number one growth driver in the coming years
Intel reports Q4 revenue down 7% YoY to $14.26B, vs. $13.81B est., Data Center and AI down 3% YoY to $3.39B, and forecasts Q1 revenue below estimates
Intel issued disappointing quarterly guidance on Thursday, but reported earnings and revenue that topped estimates. Shares were up 3% after hours.
Mark Zuckerberg says Meta is planning to invest $60B to $65B in capex in 2025, will end the year with 1.3M+ GPUs, and plans to grow its AI teams “significantly”
Market: WE LOVE AI, DO AI THING — META: Sure thing, ploughing $40bn into capex this year — Market: wait not like that — First time we've seen a negative market reaction to the reality of AI unit...
Intel reports Q2 revenue down 1% YoY to $12.8B, vs. $12.9B estimated, Data Center and AI down 3% YoY to $3B, and gives light Q3 guidance; INTC drops 25%+
Jordan Novet / CNBC :
How US safeguards on the Microsoft-G42 deal, aiming to protect critical data center and AI infrastructure, could shape future international data center projects
one they are racing to control” https://www.ft.com/...
Intel reports Q1 revenue up 9% YoY to $12.72B, vs. $12.78B est., Data Center and AI up 5% to $3B, and Q2 revenue guidance below est.; INTC drops 10%+
The company reported a GAAP loss … Josh Lamb / Proactive : Intel sinks as guidance disappoints Tobias Mann / The Register : Intel excited by PC sales pop and GPU prospects, but investors aren't becaus...
Intel reports Q4 revenue up 10% YoY to $15.4B vs. $15.15B est., Data Center and AI down 10% YoY to $4B, and Q1 revenue guidance below estimates; INTC drops 10%+
Kif Leswing / CNBC :
Intel appoints HPE executive Justin Hotard to lead its data center and AI group, a crucial unit to its turnaround, replacing veteran Sandra Rivera on February 1
Ian King / Bloomberg :