Intel lost a mere $126 million quarterly, on $14.3 billion in revenue.

Intel is effectively killing Falcon Shores, its next-generation GPU for high-performance computing and AI workloads.

Retired Intel CEO Pat Gelsinger said "the markets are getting it wrong" Monday after investors triggered a sell-off in response to China's DeepSeek.

Intel's next-generation AI and HPC GPU will only be used internally, Jaguar shores will be the real successor for Gaudi 3 in the AI space.

Intel on Thursday posted December-quarter results that beat analysts' low expectations, while its forecast for current-quarter revenue missed estimates as the chipmaker grapples with tepid demand for its data center chips and as investors wait for a new CEO.

The company reported earnings before certain costs such as stock compensation of 13 cents per share, squeezing past Wall Street’s consensus estimate of 12 cents per share. Revenue for the quarter came to $14.26 billion, up 7% from a year ago and ahead of the Street’s target of $13.81 billion.

As the chipmaker undergoes a historic transition and attempts to emerge from one of its bleakest periods, it has also struggled to cash in on a boom in investment in advanced AI chips - a market led by Nvidia.

Intel reported non-GAAP earnings per share (EPS) of $0.13, exceeding analysts' estimates of $0.1. The company also reported revenue of $14.3 billion, surpassing the forecast of $13.8 billion.

On Jan. 30, Microsoft showed off the latest Surface for Business Copilot+ PCs, Surface Laptop 7 and Surface Pro 11. Both will be on store shelves Feb. 18. Just a day earlier, the company announced all users of the Microsoft Copilot AI assistant will be able to toggle on OpenAI’s o1 model for slower, more “thoughtful” responses.

Investing.com-- Mizuho analysts have lowered their price target on Intel Corporation (NASDAQ: INTC) (NASDAQ: INTC), saying that the semiconductor giant faces ongoing challenges in the PC and server markets. Analysts lowered PT to $20 from $21 while maintaining a "Neutral" rating.

Intel Corporation's Q4 earnings highlight sequential improvement and potential for growth under a new CEO. Click here to find out why INTC stock is a Buy.

Holthaus also revealed that Intel plans to use Falcon Shores as an internal test chip, not launching it in the market. This move is part of the company's strategy to streamline its roadmap and optimize resources. "AI data center...is an attractive market for us," Holthaus said during the call. "But I am not happy with where we are today."