Nvidia Takes Intel’s Spot on Dow Index as AI Thrives
The AI chip maker will join the 30-company stock indexm which is seen as a bellwether for U.S. economic fortunes.
A year on, Intel's touted AI-chip deals have fallen short
Intel's upbeat revenue projections on Thursday masked a sore point for the embattled company: chips touted for artificial ...
The Associated Press on MSN2d
Nvidia replaces Intel on the Dow index in AI-driven shift for semiconductor industry
Ends a 25-year-run for a pioneering semiconductor company that has fallen behind as Nvidia cornered the market for chips that ...
Intel’s Gaudi AI chips are far behind Nvidia and AMD, won’t even hit $500M goal
We will not achieve our target of $500 million in revenue for Gaudi in 2024,” CEO Pat Gelsinger just said on the company’s Q3 ...
Intel Gives Strong Guidance but CEO Says Chip Maker Is ‘Not Going to Achieve’ AI Forecast
Intel stock rises on a strong forecast but CEO Pat Gelsinger tells Barron’s that the company will miss its prior forecast for ...
Intel's Comeback Story Gains Momentum
Intel’s revenue reached $35.9 billion YTD 2024, growing 6.2%, while operating margins rose to 27%, showing cost management ...
Intel CEO calls TSMC an 'awesome' company, says the company is still waiting for CHIPS Act money
Intel CEO Pat Gelsinger weighs in on the company's relationship with TSMC, the status of CHIPS Act funding and the outlook ...
EconoTimes4d
Nvidia Boots Intel from Dow Jones as AI-Driven Growth Redefines the Chip Industry Giants
Nvidia will replace Intel in the Dow Jones Industrial Average on Nov. 8, a move highlighting AIs reshaping of the chip ...
CRN4d
Nvidia To Replace Intel In Dow Index Amid AI Chips Rivalry
CRN has reached out to Nvidia and Intel for comment. Both chipmakers are based in Santa Clara, Calif. The news comes a day ...
Intel surprises Wall Street with solid earnings and revenue, but success in AI remains elusive
Despite its ongoing troubles, Intel seems to think the current quarter will be a bright spot. It offered a forecast of 12 cents per share in earnings and $13.3 billion to $14.3 billion in revenue.
DMR News (English) on MSN1d
Intel’s AI Chip Ambitions Face Setbacks One Year Later
Intel’s upbeat revenue projections on Thursday masked a significant setback: its AI chips have not lived up to earlier sales expectations. The company, led by CEO Pat Gelsinger, scrapped a forecast ...
Nvidia could enter the AI PC market in 2025 with its own Arm-based CPU
DigiTimes reports that Nvidia's long-rumored AI PC chip will emerge in the third quarter of 2025. The company, which has become one of the most valuable ...