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Intel forecast disappoints as Israel fab blast, PC weakness weigh
Intel's financial forecast has disappointed investors due to weak PC demand and a factory blast in Israel.
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#Intel
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PC chip plunge wipes out a quarter of Intel’s value
Intel's market value dropped significantly after reporting a decline in PC processor sales despite growth in AI and datacenter products.
Enterprise
Intel shares plummet more than 20% following weak guidance blamed on PC market slowdown
Intel shares dropped over 20% after the company provided weak guidance due to a slowdown in the PC market.
Gadgets
Intel says it’s selling every affordable laptop chip it can make
Intel reports that demand for its budget-friendly Wildcat Lake laptop chips is currently exceeding supply.
More Tech
Intel shares sink as memory shortage drags its PC chip outlook
Intel shares dropped over 20% after the company issued a fourth-quarter revenue forecast below analyst expectations.
Enterprise
Intel gets tax breaks while local authorities lose revenue, claims policy org
Good Jobs First reports that Intel's property tax breaks in Oregon and New Mexico have cost local communities over $1.2 billion in lost revenue since 2015, with schools bearing the heaviest burden.
Gadgets
Redmi Book 14 2027 and Book 16 2027 Launched With Up to Intel Core 7 Processor, 72Wh Battery: Price, Specifications
Xiaomi launches Redmi Book 14 and Book 16 2027 laptops in China with Intel Core 7 processors, up to 1TB storage and 72Wh batteries.
Startups
Intel to buy quantum software firm Classiq for about $2.3bn
Intel has agreed to acquire Israeli quantum software startup Classiq for approximately $2.3 billion, expanding the chipmaker's quantum computing capabilities.
Startups
Intel buys quantum software pioneer Classiq for $2.2B
Intel acquired Israeli quantum software startup Classiq Technologies for $2.2 billion, marking Intel's second-largest acquisition ever after its 2017 Mobileye deal.
Enterprise
Intel gets waiver after worries fuzzy US ban on foreign-made robots may hit fabs
Intel received a one-year waiver from the FCC to continue using foreign-made automated guided vehicles in its US chip manufacturing facilities, citing confusion over the government's ban on certain foreign robots.
Gadgets
Gigabyte Z890M Aorus Elite WiFi7 Motherboard Review: Icy-white SFF board offers full-size features for Intel
Tom's Hardware reviews the Gigabyte Z890M Aorus Elite WiFi7, a compact Intel-compatible motherboard offering full-size performance in a small form factor.
Enterprise
Intel CTO tells Dwarkesh Patel the world lacks tools to 10x chip output
Intel's CTO tells podcast host Dwarkesh Patel that global chipmaking capacity constraints prevent the company from doubling output of advanced semiconductors, far from the 10x increase some envision.
Enterprise
FCC grants Intel waiver for foreign-made robotic devices
The FCC has granted Intel a one-year waiver of its rules to prevent disruptions to semiconductor manufacturing services for the company's customers.
Gadgets
Acer TravelLite TL44-53M-G2 Launched in India With 14-Inch Display, Intel Core Ultra Series 3 Chip
Acer has launched the TravelLite TL44-53M-G2 laptop in India for commercial customers, featuring a 14-inch display, Intel Core Ultra Series 3 processor and enterprise-focused security features.
Enterprise
Intel restarts its stalled US factory push as AI chip demand grows
Intel is resuming equipment installation at its Fab 62 chip plant near Phoenix (opening early 2028) and progressing work at its Ohio facility amid growing demand for data centre processors.
AI
AMD and Intel will work together to create a single PyTorch code path for AI inference on CPUs
AMD and Intel are collaborating to develop a unified PyTorch code path for AI inference optimization on CPUs, simplifying software development across their processor architectures.
Gadgets
Dell's latest 14-inch laptop brings 120Hz screen and long battery life at lower starting price — details here
Dell's new 14S DS14270 laptop, starting at $649, features Intel Wildcat Lake processors, up to 16GB RAM, and an optional 120Hz display in a 1.15kg chassis.