Intel Posts Biggest Loss In Company History In Q1: Report

1 year, 11 months ago

Intel Posts Biggest Loss In Company History In Q1: Report

Chipset-making giant Intel Corp posted its first quarter earnings, barely beating analysts' expectations while reporting the largest quarterly loss in the company's history, the media has reported. Intel's Q1 results showed a staggering 133 per cent annual reduction in earnings per share while revenue dropped nearly 36 per cent year over year to $11.7 billion, says a report by CNBC. According to the report, Intel’s CEO Pat Gelsinger started taking a 25 per cent cut to his base salary. Earlier, Intel reported a revenue decline of 32 per cent year-on-year in the quarter that ended December 31.

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Intel defeats shareholder lawsuit over foundry losses, $32 billion plunge

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Intel defeats shareholder lawsuit over foundry losses, $32 billion plunge

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Intel’s stock is soaring, but a rescue will be hard to pull off

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Intel’s stock is soaring, but a rescue will be hard to pull off

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Intel fourth-quarter revenue tops expectations as investors await new CEO

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Intel fourth-quarter revenue tops expectations as investors await new CEO

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Microsoft shares drop 5%, Meta up 2% after Q1 results, both companies post profit

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Intel’s CEO search in focus as chipmaker set to post lower revenue

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Intel Corp shares gain 8% on Nasdaq over potential takeover speculations; stock down 60% in 2024

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Intel Corp shares gain 8% on Nasdaq over potential takeover speculations; stock down 60% in 2024

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Foxconn Q4: Chipmaker’s revenue hits $64.72 billion; beats estimates over high AI server demand

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China chipmaker SMIC beats Q2 estimates despite steep profit fall

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China chipmaker SMIC beats Q2 estimates despite steep profit fall

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Intel Layoffs: Chipmaker To Fire Over 15,000 Employees Amid Cost Cutting Measures

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Intel Layoffs: Chipmaker To Fire Over 15,000 Employees Amid Cost Cutting Measures

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Intel to lay off 15% of its workforce, cut $20 billion in costs

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Intel to lay off 15% of its workforce, cut $20 billion in costs

Market

Intel to lay off 17,500 employees, suspend dividend in turnaround plan; stock plunges

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Intel to lay off 17,500 employees, suspend dividend in turnaround plan; stock plunges

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Chipmaker Intel to cut 15,000 jobs as it tries to revive its business and compete with rivals

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Chipmaker Intel to cut 15,000 jobs as it tries to revive its business and compete with rivals

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Chipmaker Intel to cut 15,000 jobs as tries to revive its business and compete with rivals

8 months, 1 week ago

Chipmaker Intel to cut 15,000 jobs as tries to revive its business and compete with rivals

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Intel to cut more than 15% of workforce as it cuts costs to try to turn chip business around

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Intel to cut more than 15% of workforce as it cuts costs to try to turn chip business around

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Samsung’s profit surges after AI boom reverses chip losses

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Intel Loses $7 Billion In Its Chip Business Battle With TSMC Last Year

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Intel Loses $7 Billion In Its Chip Business Battle With TSMC Last Year

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Intel Sees More Losses as PC Makers Sharply Cut Chip Buying In 2023

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Intel Sees More Losses as PC Makers Sharply Cut Chip Buying In 2023

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Intel set to lay offs employees as it cuts billions of dollars in spending

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Intel set to lay offs employees as it cuts billions of dollars in spending

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Intel to slash several jobs amid PC market slowdown

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Intel to slash several jobs amid PC market slowdown

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PC Demand Slump Forcing Intel To Revise Its Yearly Market Projections: What It Means

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PC Demand Slump Forcing Intel To Revise Its Yearly Market Projections: What It Means

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Intel forecasts gloomy quarter on supply-chain woes, shares fall

2 years, 11 months ago

Intel forecasts gloomy quarter on supply-chain woes, shares fall

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Amid the Covid-19 pandemic, Big Tech companies report mixed earnings

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Amid the Covid-19 pandemic, Big Tech companies report mixed earnings

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Intel beats third-quarter revenue and profit estimates, raises full-year revenue forecast

5 years, 5 months ago

Intel beats third-quarter revenue and profit estimates, raises full-year revenue forecast

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Intel misses revenue estimates caused by slowdown in data center growth

7 years, 11 months ago

Intel misses revenue estimates caused by slowdown in data center growth

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Intel’s results beat estimates; forecast disappoints

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Intel’s results beat estimates; forecast disappoints

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Intel raises revenue forecast on signs of PC market rebound

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Intel raises revenue forecast on signs of PC market rebound

Intel

Strong profits overshadowed by slowing data center growth for Intel

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Strong profits overshadowed by slowing data center growth for Intel

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IBM reports worst revenue in 14 years

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IBM reports worst revenue in 14 years

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Intel shares could rise 25 percent in next year: Barron's

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Intel shares could rise 25 percent in next year: Barron's

Intel

Intel cuts revenue forecast as desktop demand weakens

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Intel cuts revenue forecast as desktop demand weakens

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Intel forecasts disappointing revenue; shares fall

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Intel forecasts disappointing revenue; shares fall

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Intel unveils platform to simplify connectivity of products

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Intel unveils platform to simplify connectivity of products

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Apple's 3Q earnings fall 22 percent on flat revenue – Firstpost

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Apple's 3Q earnings fall 22 percent on flat revenue – Firstpost

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China's Lenovo buys and diversifies to outshine PC rivals – Firstpost

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China's Lenovo buys and diversifies to outshine PC rivals – Firstpost

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Intel meets first quarter's expectations despite PC slowdown – Firstpost

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Intel meets first quarter's expectations despite PC slowdown – Firstpost

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Intel cuts outlook on weak PC demand; shares slump

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Intel cuts outlook on weak PC demand; shares slump

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Intel lowers sales forecast amid gloomy economy

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Intel lowers sales forecast amid gloomy economy

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Intel sees best quarterly performance in history

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Intel sees best quarterly performance in history

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Intel gloom weighs on chip stocks

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Intel gloom weighs on chip stocks

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