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Intel Posts Narrower-Than-Expected Loss | Global News Avenue

Intel Posts Narrower-Than-Expected Loss

Intel(Intc) The report said that the loss of losses in the fourth quarter was narrow.

this Chip manufacturer Seeing income decreased by 7 % year -on -year, to $ 14.3 billion, which reached a consensus of analysts than visible Alpha. Intel’s losses are $ 100 million or 3 cents per share, and the profit a year ago was $ 2.7 billion, that is, 63 cents per share. Analysts expect a loss of $ 728 million, or 14 cents per share. Intel’s casting bureau made a bargaining chip for other companies, paying $ 4.5 billion in revenue and defeated estimates.

Michelle Johnston Holthaus and David Zinsner, CEO of Temporary Joint Co -CEO, said progress in Intel’s turnover in the fourth quarter, which is due to the effort of cutting costs to a certain extent.

Singna also said that in the company’s income appeal, “Although it is difficult to quantify, we suspect that part of the rising income in the fourth quarter is due to the potential Tali of the customer.”

As a result, Intel’s first one since Pat Gelsinger, Pat Gelsinger, the former CEO Resign last month. The company has not appointed permanent successors, which has aroused speculation about who can hold the position.

Chip manufacturer too Take over rumors Recently, Citi Analysts recognized Broadcom (AVGO) As a “most likely” potential buyer, and added, competitors may sell Intel’s casting business.

Looking forward to the future, Intel expects that in the first quarter, revenue was US $ 11.7 billion to US $ 12.7 billion, which was lower than the analyst consensus of $ 12.9 billion. Its expected loss of 27 cents per share is also larger than the 13 -dollar analyst.

Singern pointed out that the soft prospects and seasonal weaknesses, as well as “macro uncertainties, further inventory digestion and competitive dynamics.”

After the issuance, on Thursday, Intel’s stock was nearly 4 % of the expansion transactions on Thursday. In the past 12 months, the value of the stock has lost more than half of the value.

Update-Jan. 30,2025: Since the first release to contain other information and reflect the latest stock price, this article has been updated.

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