Page 8 - Maxa Cherney News Today

(Reuters) -Intel on Thursday forecast revenue for the first quarter that could miss market estimates by more than $2 billion, as it grapples with uncertain demand for its chips used in the traditional server and personal computer markets. Intel stock gained 66% in the past year, as the PHLX Semiconductor Index rose 53%. In an interview, Chief Executive Officer Pat Gelsinger said that the company's core businesses of PCs and servers were hitting seasonal low demand at the same time as nonc...

Generative AI fever was expected to sweep through tech land and dominate CES, the years premiere consumer electronics trade show in Las Vegas this week. Expect to wait another year,...

Generative AI fever was expected to sweep through tech land and dominate CES, the year's premiere consumer electronics trade show in Las Vegas this week. Few of these gadgets captured the wild energy that generative AI did in the 2023 hype cycle. Just a year after ChatGPT's launch in 2022, companies did not have enough time to translate the excitement of large language models into gadget form.

PC and microchip companies struggling to get consumers to replace pandemic-era laptops offered a new feature to crowds this week at CES: artificial intelligence . PC and chipmakers...

"Were still trying to get it all to work," said Jay Goldberg, chief executive of D2D Advisory. "You need the silicon and the software, and its only been a year since ChatGPT launched - people are still getting on board."

OpenAI boss Sam Altman will not appear at the CES trade show in Las Vegas next week. OpenAI's influence at the show despite Altman's physical absence is reminiscent of Apple and its founder Steve Jobs, whose clout was felt despite him avoiding the show, with many firms jockeying to display gadgets compatible with the company's sleek products. Altman is widely regarded as the poster child for the AI frenzy that has gripped the tech industry for the past year.

OpenAI boss Sam Altman will not appear at the CES trade show in Las Vegas next week. But the generative artificial-intelligence fever his startup set off last year will be on full display as gadget...

Gelsinger has moved Intels manufacturing unit into what is now called Intel Foundry Services (IFS) that operates as a business within Intel. IFS will break out financials beginning in the second quarter of next year, Gelsinger said.

Intel Chief Executive Pat Gelsinger on Thursday said the company has no plans to spin out its contract chip manufacturing business. Gelsinger has moved Intels manufacturing unit into...

Intel Chief Executive Pat Gelsinger on Thursday said the company has no plans to spin out its contract chip manufacturing business. Gelsinger has moved Intel's manufacturing unit into what is now called Intel Foundry Services (IFS) that operates as a business within Intel. IFS will break out financials beginning in the second quarter of next year, Gelsinger said.