Intel Forecast Misses Estimates as Israel Factory Blast and PC Weakness Weigh
Intel guided Q4 revenue of $15-16 billion, below the $17.07 billion consensus, citing a Kiryat Gat fab explosion and continued soft PC demand.
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Oracle Diversifies AI Chip Options on OCI with Cerebras, Google TPUs, Intel, and Nvidia
Oracle plans to offer Cerebras fast inference and Google’s TPUs on OCI in 2027, alongside expanded Intel Xeon and Nvidia Vera Rubin capacity.
Intel Acquires Classiq for $2.2 Billion in Largest Quantum Computing Deal Ever
Intel’s acquisition of Classiq creates a full-stack quantum computing platform and sets an industry record.
JPMorgan Upgrades Intel to Neutral on Valuation After 36% Pullback
JPMorgan upgraded Intel to Neutral from Underweight with an $85 target after a 36% pullback from its June peak, citing improved execution.
Apple Hits $5 Trillion as AI Stocks Slide on Anthropic Slowdown and Inflation
Apple’s first close above $5 trillion came as AI stocks sold off on Anthropic’s weaker sequential growth and a hotter-than-expected CPI.
Capital, Not Chips, Could Become AI’s Biggest Bottleneck, Intel and Broadcom CEOs Warn
Intel and Broadcom CEOs warn that access to capital could overtake chip and power shortages as the main constraint on the AI boom.