Page 2 - Programmable Solutions Group News Today

These AI-powered stocks can grow rapidly in the coming years.

These AI-powered stocks can grow rapidly in the coming years.

Intel’s stock hasn’t seen a double-digit percentage decline in more than two years. But it might break that streak after a downbeat earnings forecast.

Shares of computer processor maker Intel (NASDAQ:INTC) fell 12.9% in the afternoon session after the company reported fourth quarter earnings results and provided revenue and non-GAAP EPS guidance below expectations. Intel attributed the weak guidance to "discrete headwinds" that affected some of its business segments, including Mobileye, PSG (Programmable Solutions Group), as well as business exits. However, the company expects the challenges to be temporary and guided for sequential ...

Intel said it expects "meaningful revenue acceleration" for its nascent AI chip business this year after the sales pipeline for such products grew in the double...

Shares of semiconductor designer Lattice Semiconductor (NASDAQ:LSCC) fell 5.5% in the morning session after Intel and KLA Corporation reported earnings and provided underwhelming business projections for the first quarter of the year.

Intel stock (NASDAQ: INTC) is expected to publish its Q4 2023 results on January 25.

Looking for the latest GovCon News? Check out our story: Justin Hotard Named Lead of Intel's Data Center and AI Group. Click to read more!

Intel names Justin Hotard, a former Hewlett Packard Enterprise executive, as the new general manager of its data-center and AI group.

Intel Corp (NASDAQ: INTC) appointed Justin Hotard as the new Executive Vice President and General Manager of its Data Center and AI Group, effective February 1, 2024.