back to article Intel warns of Q1 nosedive... and its shares follow suit

Intel execs this week painted a grim picture of early 2024, forecasting steep declines ahead for the company's core businesses. On the chipmaker's Q4 earnings call, CEO, Pat Gelsinger, focused on Intel's trajectory and long term goals in the fields of compute, AI, and semiconductor manufacturing. Unfortunately, Gelsinger's …

  1. Kurgan

    Microsoft to the rescue

    Microsoft will make us dump a lot of good PCs with win10 EOL, so Intel will surely have a better year soon.

    1. ldo

      Re: Microsoft to the rescue

      But Microsoft is trying to push Windows-on-ARM. That’s not going to help Intel.

      1. NeilPost Silver badge

        Re: Microsoft to the rescue

        Windows RT again ?

        … and the closely related Window’s Phone is long dead and buried.

  2. elsergiovolador Silver badge

    Strategy

    Intel strategy is going to be add AI suffix to the CPU label and bump the clock by 100MHz.

    Create some generic looking presentation how this CPU is next best thing since the last next best thing.

    Don't mention the CPU can also act as a heater in winter.

    Rinse and repeat.

    <sharesnosedive.jpg>

    <pikachuface.jpg>

    1. 43300 Silver badge

      Re: Strategy

      But equally, they've got such a large share of the x86 market that if people (companies especially) are pushed into buying a load of new hardware due to W10 EOL, that will inevitable give Intel a sizeable income increase.

      Incidentally, I notice that at the lower to mid range of the consumer laptop market, laptops with AMD CPUs seem massively cheaper than similarly-specced Intel ones.

  3. anoncow

    Still beating the Gelsinger horse

    Why do Intel shareholders continue to hitch their cart to the dead Gelsinger horse? You would think it would be enough to see how VMWare shriveled on his watch, but no... EMC had to tractorbeam him upstairs to shrivel the whole company. Then back to Intel for... more what? Bright spot: this bodes well for AMD.

    1. NeilPost Silver badge

      Re: Still beating the Gelsinger horse

      Shoe in for a job at Broadcom then.

  4. Groo The Wanderer Silver badge

    Intel cut their own throat shipping processors that are USELESS for developers. I'm not about to buy their server-class hardware to do development, which means no Intel for me. Not until they come to their senses and release processors that get along with VM systems PROPERLY.

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