Intel's AI Surge Hits Brick Wall As Capacity Crunch Throttles Growth: Analyst
Intel Corp. (NASDAQ:INTC) reported mixed fourth-quarter results on Thursday, beating profit expectations but guiding for weaker near-term revenue and flat earnings, highlighting the uneven progress of its turnaround. Persistent supply constraints and margin pressure weighed on the outlook, prompting a sharp selloff in the stock.Intel posted revenue of $13.67 billion, ahead of the $13.37 billion consensus, while adjusted earnings reached 15 cents per share, surpassing expectations for eight cents. Revenue de ...