Positive

From Nasdaq: 2025-01-30 21:05:52

Intel (NASDAQ: INTC) reported fourth-quarter 2024 results, with non-GAAP EPS of $0.13, beating estimates, and revenue of $14.3 billion, exceeding forecasts. Despite positive revenue and EPS performance, challenges in profitability persist. The company’s key focus is on expanding manufacturing capabilities through the IDM 2.0 strategy, emphasizing R&D investments in AI, edge computing, and cloud services. In Q4 2024, Intel’s sectors had mixed performances, with the Client Computing Group revenue down 9%, Data Center and AI segment down 3%, and Network and Edge division up 10%. Looking ahead, Q1 2025 revenue is projected between $11.7 billion and $12.7 billion, with a non-GAAP EPS forecast of $0.00. Intel continues to prioritize strategic investments in technology advancements and manufacturing processes to drive future growth.



Read more at Nasdaq: Intel Beats EPS, Revenue Estimates