Intel on Thursday posted December-quarter results that beat analysts' low expectations, while its forecast for current-quarter revenue missed estimates as the chipmaker grapples with tepid demand for its data center chips and as investors wait for a new CEO.

Chip-maker Intel reported a slump in fourth-quarter sales and gave a gloomy outlook for its current period that executives said reflected a seasonal buying swoon. For decades the leading U.S. chip-maker,

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Intel channel partners told CRN that the chipmaker is making the right move by boosting partner funding while citing concerns about its future and its ability to compete with Nvidia in the AI chip market.

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Intel is currently being led by co-CEOs David Zinsner, who also serves as CFO, and Michelle Johnston Holthaus, who is also CEO of Intel Products. The company is still searching for a permanent CEO to take the reins and attempt to revitalize the storied chipmaker.

At an event in New York City on Thursday, Microsoft unveiled two additions to the Surface line of PCs. The new Surface Pro and Surface Laptop both arrive

After some teases and hints last week, Microsoft has officially announced the arrival of Intel-powered versions of the Surface Laptop 7 and Surface Pro 11. The new Copilot Plus PCs are coming on February 11 and targeted toward businesses.

Intel (NASDAQ:INTC) topped estimates when it reported its fourth quarter 2024 results on Thursday, and the company also revealed updates regarding its Foundry goals. Shares inched up during early post-market trading.

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Intel Corp. saw further declines in revenue during the latest quarter but beat its guidance on a closely watched margin number, signaling some financial recovery in the business as Chips Act money began flowing. However, the company provided a first-quarter outlook that was below expectations for both the top and bottom lines.