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Fmr. WH CHIPS Coordinator Ronnie Chatterji: See a lot of tailwind in AI infrastructure going forward
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August 30, 2024August 30, 2024IPOs

Intel working with bankers to present board with strategic options

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Pat Gelsinger, CEO Intel, speaking on CNBC’s Squawk Box at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Adam Galici | CNBC Intel executives are working with multiple advisors to formulate options to address its flagging business, according to a person with knowledge of the matter. Those advisors, which include Morgan Stanley and...

Big Tech giants Amazon and Apple slow down as economy slows: Musketeer Capital Partners
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August 2, 2024August 2, 2024Earnings

Tech stocks see steep three-week slump, led by Amazon, Intel

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Signage outside the Nasdaq MarketSite in New York on March 23, 2023. Stephanie Keith | Bloomberg | Getty Images With quarterly earnings from tech’s mega-cap companies largely in the rearview mirror, one thing is clear: Wall Street is nervous. The Nasdaq Composite slumped 3.4% this week, bringing its three-week slide to 8.8%. That’s the worst...

Your Best Option: Bill Baruch puts on a new options trade in Intel
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August 1, 2024August 1, 2024Earnings

Intel (INTC) Q2 earnings report 2024

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Intel CEO Pat Gelsinger holds a sample of a wafer during his keynote speech at the Computex conference in Taipei on June 4, 2024. I-hwa Cheng | AFP | Getty Images Intel shares slid 12% in extended trading on Thursday after the chipmaker said Thursday it would lay off over 15% of its employees as...

Wedbush's Matt Bryson reacts to AMD's Q3 earnings as stock slips on lower-than-expected guidance
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October 31, 2023October 31, 2023Earnings

AMD earnings report Q3 2023

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AMD Chair and CEO Lisa Su speaks at the AMD Keynote address during the Consumer Electronics Show (CES) on January 4, 2023 in Las Vegas, Nevada. Robyn Beck | AFP | Getty Images AMD reported third-quarter earnings on Tuesday that beat analyst expectations, though the chipmaker issued a weaker-than-expected forecast. Here’s how the company did...

Intel issues strong Q4 revenue outlook
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October 26, 2023October 26, 2023Earnings

Intel (INTC) earnings report Q3 2023

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Signage outside Intel headquarters in Santa Clara, California, on Monday, Jan. 30, 2023. David Paul Morris | Bloomberg | Getty Images Intel shares rose about 7% in after-hours trading after the company reported third-quarter earnings on Thursday that beat expectations for profit and sales, even as overall revenue declined. Here’s how Intel did versus LSEG...

Arm CEO: China business reflects growth we see in the rest of the world
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September 16, 2023September 16, 2023IPOs

Arm China ‘doing well,’ CEO says, as Son reduces China exposure

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You can watch David Faber’s interview with Arm CEO Rene Haas and SoftBank CEO Masayoshi Son on CNBC Pro. Arm’s China subsidiary is “doing well” with strong potential in data center and automotive applications, despite the geopolitical tumult of the past few years, Arm Holdings CEO Rene Haas said in an interview with CNBC ahead...

AMD needs to deliver on A.I. in the next few quarters, says Wedbush's Matt Bryson
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August 3, 2023August 3, 2023Earnings

AMD earnings report Q2 2023

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Lisa Su displays an ADM Instinct M1300 chip as she delivers a keynote address at CES 2023 at The Venetian Las Vegas on January 04, 2023 in Las Vegas, Nevada. David Becker | Getty Images AMD reported a revenue decline of 18% in its fiscal second-quarter earnings report on Tuesday, but still topped estimates for...

Intel jumps 6% after-hours as earnings return to profitability after two quarters of losses
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July 27, 2023July 27, 2023Earnings

Intel (INTC) earnings report Q2 2023

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Intel CEO Pat Gelsinger stands in front of a cathedral in the German city of Magdeburg on Nov. 12, 2022. During his visit, Gelsinger also visited the planned site of the Intel Gigafactory in the Eulenberg industrial park. /dpa-Zentralbild/dpa (Photo by Peter Gercke/picture alliance via Getty Images) Peter Gercke | Picture Alliance | Getty Images...