25 January 2024

Intel reports Q4 revenue up 10% YoY to $15.4B vs. $15.15B est., Data Center and AI down 10% YoY to $4B, and forecasts Q1 revenue below estimates; INTC drops 5%+ (Kif Leswing/CNBC)

Kif Leswing / CNBC:
Intel reports Q4 revenue up 10% YoY to $15.4B vs. $15.15B est., Data Center and AI down 10% YoY to $4B, and forecasts Q1 revenue below estimates; INTC drops 5%+  —  - Intel issued an outlook for the first quarter of 2024 that lagged analyst estimates.  — Intel shares are down slightly …

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