AXPONA Revs Up for the Big Open stereophile.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stereophile.com Daily Mail and Mail on Sunday newspapers.
Intel showcased new GenAI solutions with Gaudi 3 accelerator to help businesses overcome obstacles in scaling AI initiatives and democratize AI across various sectors.
Analyst maintains Intel with Neutral rating and $42 price target, noting improved laptop CPU share due to Meteor Lake and Raptor Lake refresh, while AMD lacks new CPU. Intel also gained desktop CPU share, and aftermarket retail GPU prices increased. Intel aims for 60% gross margin and 40% operating margin, while Foundry targets 40% gross margin and 30% operating margin long-term, with near-term operating margin at -37%. Focus is on product roadmap execution and margin improvement in Foundry business.
Intel (INTC) Outlines Financial Framework for Foundry Business streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Intel Outlines Financial Framework for Foundry Business, Sets Path to Margin Expansion marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.