{"id":872812,"date":"2024-11-02T09:29:30","date_gmt":"2024-11-02T03:59:30","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=872812"},"modified":"2024-11-02T09:48:58","modified_gmt":"2024-11-02T04:18:58","slug":"intel-hikes-q4-revenue-forecast-stock-rises-over-8-on-turnaround-optimism-ai-frenzy","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/11\/02\/intel-hikes-q4-revenue-forecast-stock-rises-over-8-on-turnaround-optimism-ai-frenzy\/","title":{"rendered":"Intel hikes Q4 revenue forecast; stock rises over 8% on turnaround optimism, AI frenzy"},"content":{"rendered":"<p>(Bloomberg) &#8212; Intel Corp. shares surged after the chipmaker gave a revenue forecast slightly above estimates, sparking optimism that it\u2019s capable of reclaiming some lost market share.<\/p>\n<p>Fourth-quarter revenue will be $13.3 billion to $14.3 billion, the Santa Clara, California-based company said in a statement on Thursday. That compares with the $13.6 billion analysts estimated on average. The firm is projecting a profit of 12 cents per share compared with the 6 cents Wall Street was expecting.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) &#8212; Intel Corp. shares surged after the chipmaker gave a revenue forecast slightly above estimates, sparking optimism that it\u2019s capable of reclaiming some lost market share. Fourth-quarter revenue will be $13.3 billion to $14.3 billion, the Santa Clara, California-based company said in a statement on Thursday. That compares with the $13.6 billion analysts estimated on average. The firm is projecting a profit of 12 cents per share compared with the 6 cents Wall Street was expecting.<\/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-872812","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\/872812","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=872812"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/872812\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=872812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=872812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=872812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}