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Intel reported a massive net loss on Thursday, weighed down by impairment and restructuring charges, but forecast fourth-quarter revenue above estimates.

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Reuters

United Kingdom

Intel reports third-quarter loss but forecasts Q4 revenue above estimates, shares surge


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Intel reported a massive net loss on Thursday, weighed down by impairment and restructuring charges, but forecast fourth-quarter revenue above estimates.Shares of Intel jumped 8 per cent in extended trading. The company has largely missed out on a boom in investments in speedy, advanced AI chips f

Channel News Asia

Government of Singapore

Singapore

Intel reports third-quarter loss but forecasts Q4 revenue above estimates, shares surge

Intel reported better-than-expected revenue following a quarter filled with challenges.

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Roberts family

United States

Intel shares pop 12% on earnings beat, uplifting guidance

Intel reported a massive net loss on Thursday, weighed down by impairment and restructuring charges

The Globe & Mail

Canada

Intel reports third-quarter loss but forecasts Q4 revenue above estimates

Jordan Novet / CNBC:
Intel reports Q3 revenue down 6% YoY to $13.28B, vs. $13.02B est., a net loss of $16.99B, and Q4 guidance above estimates; INTC jumps 6%+ after hours  —  Intel shares rose 7% in extended trading on Thursday after the chipmaker reported better-than-expected earnings and issued quarterly guidance that topped estimates.

Techmeme

California

Intel reports Q3 revenue down 6% YoY to $13.28B, vs. $13.02B est., a net loss of $16.99B, and Q4 guidance above estimates; INTC jumps 6%+ after hours

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Mortimer Zuckerman

New York

Intel Reports Third-Quarter Loss but Forecasts Q4 Revenue Above Estimates

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Nikkei Inc.

London

Greater London

England

Intel Reports Third-Quarter 2024 Financial Results – Company Announcement

Intel shares surge on better-than-feared results, outlook

Investing.com

Intel shares surge on better-than-feared results, outlook By Investing.com

Intel reported a massive net loss on Thursday, weighed down by impairment and restructuring charges, but forecast fourth-quarter revenue above estimates.  The company has largely missed out on a boom in investments in speedy, advanced AI chips for data centers as businesses double down on adopting generative AI technology – a market dominated by Nvidia, followed by rival AMD.  Intel reported a net loss attributable to Intel of $16.6 billion for …

Intel reports third-quarter loss but forecasts Q4 revenue above estimates, shares surge

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