Intel lost a mere $126 million quarterly, on $14.3 billion in revenue.

Intel is effectively killing Falcon Shores, its next-generation GPU for high-performance computing and AI workloads.

Intel Corp. (INTC) rose 1.4% in pre-market trading on Friday after a fourth-quarter earnings beat. However, investor sentiment remained mixed as the chipmaker issued a weaker-than-expected revenue forecast for the first quarter of 2025.

In the first earnings report since former CEO Pat Gelsinger left the company, Intel’s fourth-quarter revenue was down seven percent year-on-year (YoY) to $14.3 billion, whilst full-year revenue declined by two percent YoY to $53.1bn.

Ed Snyder explains why Intel's reliance on US government is a problem. DeepSeek's low-cost AI model does not mean INTC is out of the woods.

Retired Intel CEO Pat Gelsinger said "the markets are getting it wrong" Monday after investors triggered a sell-off in response to China's DeepSeek.

The DeepSeek technology has the potential of bringing more people into world of AI and expanding the transformative power of AI to a broader audience.

Intel has announced that its upcoming Panther Lake processor, the first to leverage the Intel 18A process node, is set to launch in the second half of 2025. The chip, which is currently in testing stages,

Holthaus also revealed that Intel plans to use Falcon Shores as an internal test chip, not launching it in the market. This move is part of the company's strategy to streamline its roadmap and optimize resources. "AI data center...is an attractive market for us," Holthaus said during the call. "But I am not happy with where we are today."

Strategic alliances with companies like Palantir Technologies (PLTR) have expanded Azure's capabilities, particularly in delivering AI-based data analytics products to U.S. defense and intelligence agencies. Under the Trump administration, this could become a very profitable expansion.