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Intel said it is ramping up production of its advanced server processors in the first quarter, and introduced four new families of chips.

Rosenblatt Securities analyst Mark Zgutowicz says 2021 ad sales could come in at $3.28 billion, well below the consensus estimate of $3.83 billion.

Intel’s rivals may get a boost if it decides to outsource some of its manufacturing to Taiwan Semiconductor, said Citigroup. But that isn’t a guarantee.

Cyberpunk 2077 had a bumpy rollout, but may not be a flop. Courtesy of Cyberbunk On May 25, 1961, President John F. Kennedy declared that the U.S. should dedicate itself to landing a man on the Moon. Eight years later, Neil Armstrong took his first walk on the lunar surface. Polish videogame publisher Cyberpunk 2077, which launched in December. Unlike Armstrong, it didn’t quite stick the landing. Put charitably, the launch of CD Projekt’s latest title was bumpy. After eight years of hype and a steady trickle of marketing materials from the company, including ads teasing acto...

Third Point CEO Daniel Loeb David Paul Morris/Bloomberg After a tough year, Intel executives received one last 2020 surprise. It came in the form of a sharply worded letter this past week from activist investor Daniel Loeb. Loeb, CEO of hedge fund Third Point, laid out the need for change at the once pioneering chip maker. And he encapsulated the question many on Wall Street and in Silicon Valley have been asking for more than a year now: How did once-dominant Intel (ticker: INTC) so clearly lose its way? “We cannot fathom how the boards who presided over Inte...