Reported about 8 hours ago
Intel Corp. surpassed expectations with $14.3 billion in fourth-quarter revenue but warned that a return to competitiveness will take time amid reduced first-quarter sales projections of $11.7 to $12.7 billion. The company is under pressure to improve its product offerings, especially in artificial intelligence, after enduring significant losses and market share erosion over the past year. Interim leaders expressed a focus on realistic projections while the search for a new CEO continues.
Source: YAHOO