💨 Abstract

Intel reported better-than-expected Q4 revenue, but missed Q1 revenue estimates due to weak data center chip demand and uncertain CEO transition. The company is struggling in the AI chip market, led by Nvidia, and anticipates slower demand due to seasonality and potential tariffs. Intel's goal is to maintain $17.5 billion in operating expenses by 2025. The company is investing heavily in becoming a contract chip manufacturer, raising concerns about cash flow.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖