{"id":872468,"date":"2024-11-01T09:27:07","date_gmt":"2024-11-01T03:57:07","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=872468"},"modified":"2024-11-01T10:01:48","modified_gmt":"2024-11-01T04:31:48","slug":"intel-rises-on-recovery-hopes-as-it-forecasts-revenue-above-estimates","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/11\/01\/intel-rises-on-recovery-hopes-as-it-forecasts-revenue-above-estimates\/","title":{"rendered":"Intel rises on recovery hopes as it forecasts revenue above estimates"},"content":{"rendered":"<p>(Reuters) -Intel expressed optimism on Thursday about the future of its PC and server businesses, forecasting current-quarter revenue above estimates but warning that it had &#8220;a lot of work to do.&#8221;<\/p>\n<p>The chipmaker&#8217;s shares jumped more than 7% in extended trading, paring back bigger gains shortly after it had published its results.<\/p>\n<p>The company has largely missed out on a boom in investments in speedy, advanced AI chips for data centers as businesses double down on adopting generative AI technology &#8211; a market dominated by Nvidia, followed by rival AMD.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) -Intel expressed optimism on Thursday about the future of its PC and server businesses, forecasting current-quarter revenue above estimates but warning that it had &#8220;a lot of work to do.&#8221; The chipmaker&#8217;s shares jumped more than 7% in extended trading, paring back bigger gains shortly after it had published its results. The company has largely missed out on a boom in investments in speedy, advanced AI chips for data centers as businesses double down on adopting generative AI technology &#8211; a market dominated by Nvidia, followed by rival AMD.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-872468","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/872468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=872468"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/872468\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=872468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=872468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=872468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}