💨 Abstract

Intel's Q4 results exceeded analysts' expectations, but Q1 revenue forecast missed estimates. The chipmaker is grappling with weak demand for data center chips and anticipates a new CEO. Investors worry about the company's cash flows as it transitions to a contract chip manufacturer and faces stiff competition from Nvidia in the AI chip market. Intel's revenue fell 7% YoY, but grants from the federal CHIPS Act boosted Q4 results.

Courtesy: theprint.in

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