Intel Corporation's stock has faced notable fluctuations recently, with the price trading at $19.93 as of January 28, 2025, marking a 1.8% decline from the previous close. This activity comes amidst growing anticipation for the company's fourth-quarter earnings report, which analysts predict will reveal a significant year-over-year revenue drop. Projections suggest revenues of $13.8 billion, down 10%, alongside a net loss of $710 million, compared to last year's $2.66 billion profit. The report will be Intel's first earnings disclosure since the departure of its CEO last month.
Adding to market discussions, former CEO Pat Gelsinger addressed reactions to claims by Chinese startup DeepSeek that its AI model rivals leading competitors with fewer resources. Gelsinger emphasized that such advancements are likely to drive greater demand for computing power, reinforcing the need for semiconductor innovation. These developments, coupled with industry competition and market expectations, continue to shape investor sentiment around Intel's future trajectory.
2025-01-28
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