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Intel beats Q4 estimates, faces tough Q1 ahead

Yahoo Finance ↗

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Computer processor maker Intel (INTC) exceeded fourth quarter expectations despite a third straight quarter of declining revenue. Intel also fell short on weak guidance for the first quarter due to seasonal weakness, macro uncertainty, and rising competition. Morning Brief hosts Brad Smith and Seana Smith break down the latest on Intel's quarterly results and future outlook. The company is currently led by two interim co-CEOs and faces challenges in its long-term turnaround plan, which may take years. Additionally, analysts highlight Intel's need for substantial investment, which could include $20 billion in gross capital investments for 2025, to improve production and staffing. #Intel #stocks #youtube #tech About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance

Published 2025-01-31 · Watch on YouTube ↗
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