Intel transformed from memory maker to CPU. They currently do lots and and may have neglected CPU. Now doing catch up. Hopefully, by investing in foundries and development can bring them back to the front. Lots to catch up in terms of development and capacity. Sub out ic development previously should be changed.
Intel Might Be Down, But It's Certainly Not Out
I will be going over Intel's Q3 earnings report and talking about its plans to take on AMD and Nvidia in the next couple of years.For the third quarter, Intel reported earnings per share of $1.71, an increase of 59% year over year, which beat its own guidance by $0.61. Revenue came short at $18.1 billion, growing 5% YOY but missing estimates by $0.1 billion. Gross margin was 57.8%, 2.8 percentage points above guidance and up 1.3 percentage points YOY. But the big reason the stock fell close to