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Intel Surpasses Fourth-Quarter Revenue Forecasts, Yet Disappoints with Quarterly Financial Outlook
2025-01-31 /
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Author：小编
Intel reported fourth-quarter revenue of $14.3 billion, surpassing analysts' expectations and reigniting investors' optimism about the company's path to profitability. The Santa Clara, California-based semiconductor giant, despite experiencing a 7% year-over-year decline in revenue growth, saw its share price soar by as much as 2.9% in after-hours trading. Nevertheless, Intel cautioned that restoring competitiveness would be a time-consuming process and forecasted that first-quarter sales would fall below analysts' projections.
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