To The Moon

Intel gets $536 million in interest from 1.06 billion euro EU antitrust fineBy Foo Yun Chee BRUSSELS, Jan 31 (Reuters) - U.S. chipmaker Intel INTC.O has received 515.55 million euros ($536 million) i

Computer processor maker Intel reported Q4 CY2024 results topping the market’s revenue expectations , but sales fell by 7.4% year on year to $14.26 billion. On the other hand, next quarter’s revenue guidance of $12.2 billion was less impressive, coming in 5.4% below analysts’ estimates. Its non-GAAP profit of $0.13 per share was 8.7% above analysts’ consensus estimates.Revenue: $14.26 billion vs analyst estimates of $13.8 billion . Adjusted EPS: $0.13 vs analyst estimates of $0.12 . Adjusted Operating Income: $1.37 billion vs analyst estimates of $544.8 million . Revenue Guidance for Q1 CY2025 is $12.2 billion at the midpoint, below analyst estimates of $12.9 billion. Adjusted EPS guidance for Q1 CY2025 is $0.00 at the midpoint, below analyst estimates of $0.09. Inventor of the x86 processor that powered decades of technological innovation in PCs, data centers, and numerous other markets, Intel is a leading manufacturer of computer processors and graphics chips.We at StockStory place

"Startups OpenAI and Anthropic have been battling Google, Meta and others in developing large, multimodal and small language foundation models.Further, DeepSeek reportedly spent only $5.6 million over two months to develop its latest AI model, noted economist Ed Yardeni in a report.Meanwhile, DeepSeek's success could weigh on U.S. earnings reports, Yardeni said, amid enormous capital spending increases by Google, Meta, Microsoft and others. Microsoft is the biggest investor in OpenAI."This migh

$Intel(INTC)$ PCWorld says own exhaustive testing show that you shouldn’t buy a Qualcomm-powered Copilot+ PC if you want to do gaming. They say many of the multiplayer games even failed to launch... gosh.. — including Diablo IV, PUBG, Counter-Strike, and Valheim — and the games that did run on Snapdragon ran much, much better on Intel’s Meteor Lake graphics, with the difference often making such games practically unplayable on Qualcomm. Lol. Arc B580 and Lunar Lake is the best. Intel secures its place in Grahics card solidly. Next year version will be even better.

Ant Group, the fintech affiliate of Alibaba Group Holding, said it had no immediate plans to revive its initial public offering , dispelling market speculation it would soon go public.The Chinese company shocked investors in November 2020 by cancelling its US$39.7 billion IPO in Hong Kong and Shanghai less than 48 hours before market debut amid regulatory scrutiny. Since then, the question as to whether the company, founded by Chinese entrepreneur Jack Ma, would restart its listing process continues to linger.Speculation intensified in the past 10 days, after Ma gave a rare public speech at the 20th anniversary of Ant's mobile payments platform Alipay in Hangzhou, capital of eastern Zhejiang province, saying he had faith in the "next 20 years of Ant" and expected "more miracles". The widely-reported address, along with Ant's appointment of a new CEO, has renewed talks that an IPO could be around the corner.Get the answers with SCMP Knowledge, our new platform of curated content with ex

The company's second-generation graphics cards appear to be selling well.

The company's second-generation graphics cards appear to be selling well.

0655 GMT - Alibaba's disposal of Intime aligns with its strategy of focusing on its core e-commerce business and returning value to shareholders, Jefferies analysts Thomas Chong and Zoey Zong say in a research note. Alibaba earlier said it expects to record a loss of CNY9.3 billion from the sale of its interest in department-store chain Intime. "We believe disposals of non-core assets will help return value to shareholders," the analysts say. Jefferies maintains a buy call on Alibaba's ADRs and keeps its target price at $143.00. ADRs last closed at $86.06.

Chinese tech company agrees to sell Intime to Youngor FashionAlibaba has pivoted toward consolidating its core businessesAlibaba Group Holding Ltd. has agreed to sell its Intime department store busin

Intel Exec Says Complete Separation of Foundry and Product Business Is "an Open Question"