A wave of strong earnings from big tech players proves once again beating the quarter is only as good as your guidance — or lack of it.Intel INTC, -1.75% beat expectations in its most recent earnings report, but provided guidance that was well-short of expectations. The stock sold off as investors tried to understand why the guidance was so soft. With all the hype over artificial intelligence and improvement in operations at Intel, why wasn’t the company’s result more robust, and the guidance more optimisti ...

Intel (INTC) won't be meeting its initial timeline for 2025 completion of its $20 billion chip-manufacturing project in Ohio.The Wall Street Journal first reported Thursday that construction won't be finished until late 2026, attributing the delay to a challenging chip industry and the slow rollout of U.S. government grant money to grow the domestic industry.Intel spokesman William Moss told Investopedia Friday that typical construction timelines for semiconductor manufacturing facilities are between three ...

2024 hasn’t exactly been kind to Mobileye (NASDAQ:MBLY). Earlier this year, Mobileye warned in its preliminary fourth-quarter results that its customers had excess inventory of its EyeQ System-on-Chip (SoC), a chip built for automotive mobility solutions. “Based on our discussions, we understand that much of this excess inventory reflects decisions by Tier 1 customers to build inventory in the Basic ADAS category due to supply chain constraints in 2021 and 2022 and a desire to avoid part shortages, as well ...

Intel (NASDAQ:INTC) stock is falling on Friday following reports that the semiconductor company is delaying the opening of its Ohio manufacturing facility.According to recent reports, Intel won’t open this facility until sometime in 2026. That’s a significant delay considering it was previously planning to start chip production at the location this year.Intel says that it is still dedicated to opening the facility and that it’s made a lot of progress toward that goal over the last year. However, investors a ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Shares of Intel Corp. slipped in extended trading Thursday after the Wall Street Journal reported that the start of production at the chip maker’s new $20 billion manufacturing plant in Ohio will be delayed by at least a year. Intel confirmed the report, saying it will not meet its “aggressive” goal of commencing production in 2025. Intel did not provide a new timeline, but the Journal reported that the facility will likely not be completed until late 2026, with production beginning after that once equip ...

Intel’s (NASDAQ:INTC) fourth-quarter results show that the chip maker is growing rapidly, benefiting from multiple, strong trends, and becoming much more profitable. The chip maker’s weaker-than-expected Q1 guidance made investors very wary about the outlook of INTC stock. But the miss was not caused by any problems with the company’s core business.Contrary to the assertions of many of those who are bearish on INTC, the firm is indeed benefiting significantly from selling AI chips, and that trend should int ...

Intel's (INTC -0.28%) stock declined 12% on Jan. 26 after the chipmaker posted its fourth-quarter earnings report. Its revenue rose 10% year over year to $15.4 billion, beating analysts' estimates by $230 million, while its adjusted earnings jumped 260% to $0.54 per share and cleared the consensus forecast by $0.09 per share.Those headline numbers looked healthy, but four troubling issues suggest investors should still avoid the stock after its post-earnings plunge.1. The AI boom isn't boosting its data cen ...

Intel (INTC -2.10%) stock had a banner year in 2023, but it wasn't because of the company's performance. Investors ignored both a dividend cut and its weak results during a cyclical slowdown in PC sales, and instead bet that the legacy chip stock would be among the winners in the new generative artificial intelligence (AI) revolution.Intel's first earnings report in 2024 seems to be casting doubt on that thesis after the stock fell 12% on Friday. The diversified chip designer and manufacturer actually beat ...

Intel Corporation (INTC -2.10%) stock lost 12% following the release of its fourth-quarter and full-year 2023 earnings report. Although the 10% revenue growth in Q4 appeared promising, the revenue outlook for Q1 did not meet investor expectations.Still, the semiconductor stock has risen by more than 45% over the last year even when accounting for the post-earnings decline. This conflict may leave investors wondering whether Intel's stock-price growth had gone too far or if the drop represents a hiccup in an ...