Intel (INTC) earnings report Q4 2023

Intel (INTC) earnings report Q4 2023

Intel shares dropped in extended trading on Thursday after the chipmaker issued an outlook for the first quarter of 2024 that lagged analyst forecasts even as results for the latest quarter beat Wall Street estimates. Here’s how Intel did versus LSEG (formerly Refinitiv) consensus expectations for the quarter ended in December: Earnings per share: 54 … Read more

Generative AI dominates Davos discussions as companies focus on accuracy

Generative AI dominates Davos discussions as companies focus on accuracy

Sam Altman, chief executive officer of OpenAI, at the Hope Global Forums annual meeting in Atlanta, Georgia, US, on Monday, Dec. 11, 2023.  Dustin Chambers | Bloomberg | Getty Images DAVOS, Switzerland — The rise of generative artificial intelligence has dominated private and public discussion at the World Economic Forum as the world’s largest technology … Read more

Intel unveils Gaudi3 AI chip to compete with Nvidia and AMD

Intel unveils Gaudi3 AI chip to compete with Nvidia and AMD

Patrick Gelsinger, chief executive officer of Intel Corp., speaks during the Intel AI Everywhere launch event in New York, US, on Thursday, Dec. 14, 2023.  Victor J. Blue | Bloomberg | Getty Images Intel unveiled new computer chips on Thursday, including Gaudi3, an artificial intelligence chip for generative AI software. Gaudi3 will launch next year … Read more