Intel to report Q1 earnings as Wall Street eyes AI and foundry growth

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 43 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 63%

Intel Nachrichten

Pat Gelsinger,Foundry Business

Intel will report its first quarter earnings after the bell on Thursday, as investors look for signs of growth in the company's AI and foundry segments.

) will report its first quarter earnings results after the bell on Wednesday, with investors and analysts eyeing whether the recovery in the PC market and Intel’s AI investments are panning out for the chip giant.) with its new Gaudi 3 AI accelerator while hoping it can woo consumer and enterprise customers with its new AI PC lineup.

Intel is in the midst of transforming itself from a designer and manufacturer of its own chips to a manufacturer of chips for third-party clients. So far, the company has revealed Microsoft , the world's largest chip manufacturer. But there are doubts that the third-party foundry business will ever be a significant source of revenue.

AMD, Intel’s chief rival in the PC space, is also offering its own AI PC chips, while Nvidia says laptops running its chips are considered AI PCs as well. And on Wednesday,) claims its chips can outpace certain Intel Core Ultra and AMD chips in terms of performance and battery life. The company’s new processors will go on sale later this year.Toronto-Dominion Bank is one stock I reversed course on in a big way. The post TD Stock: Why I Reversed Course appeared first on The Motley Fool Canada.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 47. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Stock market today: Wall Street opens higher, edging back toward recordsNEW YORK (AP) — Stocks are opening higher on Wall Street. The S&P 500 rose 0.3% early Tuesday, coming off a listless performance where it edged a bit further from its all-time high set last week.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »