Intel Scraps Plans to Sell Networking Division Stake
Intel reverses course on spinning off NEX networking unit, choosing to keep it in-house for better integration with AI and data center offerings.
Intel reverses course on spinning off NEX networking unit, choosing to keep it in-house for better integration with AI and data center offerings.
Nokia's Q3 profit jumps past expectations driven by AI and cloud services. Shares hit 3-year high as data center strategy pays off, with CEO predicting AI "supercycle" ahead.
Ericsson shares jumped 15% after strong Q3 earnings, beating forecasts. An asset sale and cost cutting boosted profits and margins. Expect shareholder payouts.