By Max A. Cherney and Arsheeya Bajwa
(Reuters) -Intel published Thursday the results of the December quarter who beat the weak expectations of analysts, while his forecasts for income from the current district lacked estimates while the flea manufacturer is struggling with the request lukewarm for its data center token and investors are waiting for a new CEO.
The actions of the company based in Santa Clara, California, climbed 3.8% in trade after the opening hours. Last year, Intel shares lost around 60%.
The company’s results and quarterly forecasts were overshadowed by questions about its long -term strategy and their efforts to replace the former CEO Pat Gelsinger, which was ousted last month. Two interim CO-PDCs currently direct the former manufacturer of American chip n ° 1 who has trouble catching up, in particular the manufacturer of chips Ai Nvidia.
As Intel undergoes a historical transition and tries to get out of one of his darkest periods, he also had trouble enjoying an investment boom in advanced AI chips.
During a conference call with investors, CEO of Co-irerim, Michelle Johnston Holthaus, said that Intel had set up her next design of the graphic processing unit (GPU) called Falcon Shores, Leaving no new major product for AI customers. The company said it was planning to use Falcon Shores as an internal test chip and focus on future AI products in the data center.
In his quarterly report after the closing bell, Intel said he provided turnover in the first quarter of $ 11.7 billion to $ 12.7 billion, compared to the average estimate of analysts of analysts 12.87 billion dollars according to data compiled by LSEG.
Companies that seek to capitalize on generative AI technology have prioritized expenditure for specialized AI processors that can transfer huge amounts of data, attract demand for traditional servers processors that Intel sells.
The company’s prospects for slower demand were due to “normal seasonality” and potential prices of the administration of President Donald Trump, the acting CO-PDG and the financial director, David Zinsner, in an interview.
Zinsner said that the threat of prices may have pushed customers to buy more Intel chips before the first quarter to avoid higher costs if the managers implement the prices.
Zinsner said that the company’s objective was to ensure that operating expenses were around $ 17.5 billion for 2025.
Last year, Intel deleted a forecast of 2024 according to which she would sell more than $ 500 million from her new AI processors, named Gaudi, suggesting that they had a hard time competing with the chips of Nvidia.
On a basis adjusted by share, will foresee, it would even break for the current quarter. Analysts expect an adjusted benefit of 9 cents per share.
