Intel beat expectations in Q4, signaling a potential turnaround, with focus on new product introductions
From Nasdaq: 2025-02-05 04:30:00
Intel (NASDAQ: INTC) is undergoing an expensive turnaround plan to regain its technology lead and produce chips for other companies after falling behind Taiwan Semiconductor Manufacturing (NYSE: TSM).
Despite lower revenues and profits, Intel beat expectations in Q4, with revenue of $14.26 billion and adjusted earnings per share of $0.13, signaling a potential turnaround.
Margins in Intel’s data center segment were concerning in Q4, but one-time charges related to inventory reserves and fab investments impacted results.
Looking ahead, Intel’s 18A node introduction in 2025 is crucial for its turnaround, with positive feedback from interim co-CEOs on the company’s competitive offerings.
Investors may want to keep an eye on Intel’s progress this year as it navigates its turnaround and focuses on new product introductions like the 18A node.
Read more at Nasdaq: Why Intel’s Q4 Earnings Report Was Much Better Than It Looked. Is The Turnaround Story Intact?
