About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

A photo shows bunny-suited manufacturing technicians at Intel's Fab 11X in Rio Rancho, New Mexico, in January 2024. Fab 11X and the new adjoining Fab 9 represent Intel's first co-located high-volume advanced packaging site, marking an end-to-end manufacturing process that creates a more efficient supply chain from demand to final product. (Credit: Intel Corporation)A photo from January 2024 at Intel's new Fab 9 in Rio Rancho, New Mexico shows chiplet bonding as part of Intel's advanced packaging technology ...

Which technology company deserves a spot in the “Magnificent Seven”? A great candidate is chip-making giant Intel (NASDAQ:INTC). Investors should prepare for INTC stock to provide magnificent returns in 2024 as $50 will be distant memory soon.It’s amazing to consider that Intel was a target of derision just a year ago. Now, the company is poised to become a darling of the market. Before the year is over, Intel stock should break through its prior all-time high of around $69. Will you be in the trade, or jus ...

Intel Corp. just kicked off a pivotal year, and investors are about to learn more about what to expect from it. The chip company is in the midst of recovering off its lows, and its upcoming report Thursday afternoon will bear that out — adjusted earnings per share could rise more than 300% from a year earlier, while revenue is expected to increase by 8%. But Intel INTC, +1.39% still faces a host of uncertainties, as it prepares to relaunch its foundry business and makes a push to capture frenzied spending o ...

 Analyst Estimates for Q4 2023 Q3 2023 Q4 2022 Revenue ($B)15.17 14.16 14.04(Diluted) Earnings Per Share ($)0.45 0.41 0.10 Net Income/Loss ($B)0.960.31-0.66 Key Metric: Intel Foundry Services Back in October, Intel shares surged after the chipmaker reported that its foundry business revenue quadrupled in the third quarter from a year earlier. Intel Foundry Services (IFS), which manufactures chips for corporate and government clients, generated $311 million in revenue in the third quarter of 2023, a 299% ...

In 2014, China quietly set up a state-led fund to invest in semiconductor manufacturing. The China Integrated Circuit Industry Investment Fund (now known as “The Big Fund”) would eventually raise $45 billion and distribute the proceeds into everything from wafer fabrication to chip design.The results have been jarring. Late last year, Chinese state-owned Huawei quietly launched the Mate 60 Pro, a 5G phone that stunned analysts. The Western-sanctioned firm had acquired advanced 7-nanometer chips that only AS ...

The year 2023 marked a resurgence for Intel (NASDAQ: INTC), as reflected in both its stock performance, witnessing a 60% increase, and real-world achievements. The company’s latest quarterly results affirm the sustained recovery in the PC market, indicating its alignment with the outlined targets in its roadmap.Furthermore, the company is strategically positioning itself to benefit from the widespread adoption of AI in personal computers through its enhanced server chips. In the long term, Intel’s stock is ...

Analysts on Wall Street project that Intel (INTC) will announce quarterly earnings of $0.44 per share in its forthcoming report, representing an increase of 340% year over year. Revenues are projected to reach $15.14 billion, increasing 7.8% from the same quarter last year.Over the last 30 days, there has been a downward revision of 2.4% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts ove ...

Intel Corporation (INTC) is scheduled to report fourth-quarter 2023 results on Jan 25, after the closing bell. In the to-be-reported quarter, the company is likely to have recorded higher revenues year over year from the Client Computing Group (CCG) backed by a strong emphasis on product innovation. Efforts to increase efficiency in semiconductor manufacturing and improve the supply chain are positive factors.Factors at PlayCCG is the company’s largest segment and accounts for the lion’s share of total reve ...

Intel Corporation (INTC) is scheduled to report fourth-quarter 2023 results on Jan 25, after the closing bell. In the to-be-reported quarter, the company is likely to have recorded lower revenues from the Datacenter and AI Group (DCAI) segment, owing to the challenging macroeconomic environment. However, the introduction of the state-of-the-art 5th Gen Intel Xeon processor and exciting advancements in AI-accelerated high-performance computing will likely act as a tailwind.Factors at PlayThe DCAI segment see ...