Reported about 23 hours ago
Intel is set to release its Q4 earnings after removing CEO Pat Gelsinger, amid significant financial losses and a search for a permanent leader. The company has seen a 54% drop in shares over the past year and is struggling with a flat PC market, even as it develops new AI chips. Intel is expected to report earnings per share of $0.12 on revenue of $13.8 billion, a decline from the previous year, while its foundry business faces revenue challenges despite new agreements.
Source: YAHOO