Intel stock's improved outlook has mitigated recent selling intensity. Still, I argue why betting on the wrong horse (INTC) isn't wise, as the AI growth inflection takes center stage.

Intel's upbeat revenue projections on Thursday masked a sore point for the embattled company: chips touted for artificial intelligence have not lived up to sales expectations.

Intel’s revenue reached $35.9 billion YTD 2024, growing 6.2%, while operating margins rose to 27%, showing cost management improvements. Learn more on INTC stock here.

Intel is set to let several hundred employees go at three separate sites in Israel, with global layoffs set to top 15,000 over the next few months.

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 2024 earnings call today. Though Intel just launched its recent Gaudi 3 accelerator this past quarter,

18A is the node when Intel believes it will surpass TSMC in process technology. On the call, Gelsinger noted Intel's internal 18A products, Clearwater Forest for data centers and Panther Lake for PCs, have "met early 18A milestones."

Intel stock rises on a strong forecast but CEO Pat Gelsinger tells Barron’s that the company will miss its prior forecast for AI sales.

NEW YORK (AP) — Nvidia is replacing Intel on the Dow Jones Industrial Average, ending a 25-year-run for a pioneering semiconductor company that has fallen behind as Nvidia cornered the market for chips that run artificial intelligence systems.

A new AMD blog post shows off Ryzen AI 9 HX 375's performance on LM Studio, a desktop app for hosting powerful LLMs locally. The Ryzen chip handily beats the Intel Core Ultra 7 258V in a bevy of performance tests.

Intel's extensive presence in the enterprise will be an edge as it focuses its AI strategy on this segment. Learn why INTC stock is a Buy.

Remember how this fall’s Lunar Lake laptops ditched the idea of memory sticks, putting a fixed amount of RAM on the processor package instead? Intel CEO Pat Gelsinger now says that turned out to be a financial mistake,