Intel Corp Stock Price, News & Analysis

Intel reported Q4 2024 revenue of $14.3 billion, down 7% year-over-year, with full-year revenue at $53.1 billion, down 2%. The company posted Q4 EPS of $(0.03) and full-year EPS of $(4.38). Q4 operating margin declined to 2.9% from 16.8% year-over-year.

The Client Computing Group revenue was $8.0 billion (down 9%), Data Center and AI reached $3.4 billion (down 3%), while Network and Edge grew to $1.6 billion (up 10%). Intel Foundry revenue decreased 13% to $4.5 billion.

Looking ahead, Intel forecasts Q1 2025 revenue between $11.7-12.7 billion with an expected EPS of $(0.27). The company received $7.86 billion in U.S. CHIPS Act funding, with $1.1 billion received in Q4 2024 and another $1.1 billion in January 2025.

Mobileye (MBLY) reported Q4 2024 financial results with revenue declining 23% year-over-year to $490 million, primarily due to a 20% reduction in EyeQ SoC volumes. The company's Q4 2024 GAAP EPS was $(0.09), while Adjusted EPS was $0.13.

The company maintains a strong balance sheet with $1.4 billion in cash and zero debt. Operating cash flow reached $400 million for the full year 2024. Average System Price was $50.0 in Q4 2024, down from $52.7 in Q4 2023.

Despite challenges, Mobileye launched ADAS programs into 313 car models and managed 80 active development projects. The company has built significant opportunities across major customers, with RFQ-stage development programs representing potential for 25 million future units for Surround ADAS, 8-16 million for SuperVision, and 1-3 million for Chauffeur.

Sandvine has announced two key appointments to strengthen its commitment to internet freedom and digital rights. Carol Tate, former Chief Compliance Officer at Intel (NASDAQ: INTC), has been appointed as Chief Ethics & Compliance Officer effective February 3. Michael Breen, former President & CEO of Human Rights First, joins as Advisor to the Board of Directors effective January 1.

Tate brings extensive experience in embedding ethics and compliance into technological deployment from her roles at Intel, McCarthy Holdings, Flextronics International, and Motorola. She will lead compliance and due diligence initiatives as Sandvine transitions into a technology solution leader for democracies.

Breen, with his background in technology, global security, and human rights, will advise the Board on human rights matters and engagement with non-governmental organizations. These appointments reflect Sandvine's renewed focus on internet freedom and digital rights protection while maintaining technological innovation.

Mobileye Global (Nasdaq: MBLY) has announced it will release its fourth quarter and full year 2024 financial results on Thursday, January 30th, 2025, before market open. The company will host a conference call at 8:00am ET (3:00pm IT) featuring CEO Professor Amnon Shashua, CFO Moran Shemesh Rojansky, EVP Nimrod Nehushtan, and CCO Dan Galves. The call will provide a general business update and will be accessible via webcast on Mobileye's investor relations website, with a replay available after the event.

Intel has announced plans to separate Intel Capital, its global venture capital arm, into a standalone fund. The transition is expected to begin in the second half of 2025, with Intel remaining as an anchor investor. The restructuring aims to align Intel Capital's corporate structure with other leading venture firms and enable greater autonomy and flexibility to attract external capital.

Intel Capital, established in 1991, has over $5 billion in assets under management and has invested in more than 1,800 companies, deploying over $20 billion in capital throughout its history. The firm has generated over $170 billion in market value in the past decade through investments in early-stage startups focusing on silicon, frontier, devices, and cloud technologies. The existing Intel Capital team will transfer to the new company, which will operate under a new name, with business operations continuing normally during the transition.

Intel (INTC) has announced it will release its fourth-quarter and full-year 2024 financial results on Thursday, January 30, 2025, after market close. The company will host an earnings conference call at 2 p.m. PST on the same day to discuss the results. Investors and interested parties can access a live public webcast of the earnings call through Intel's Investor Relations website at intc.com, where associated materials and the webcast replay will also be made available.

Intel has unveiled at CES 2025 an expanded product portfolio and partnerships aimed at accelerating the transition to electric and software-defined vehicles (SDVs). The company introduced a comprehensive whole-vehicle platform that includes high-performance compute, discrete graphics, AI, power management, and zonal controller solutions.

A key announcement is the new Adaptive Control Unit (ACU), designed specifically for EV powertrains and zonal controller applications. The ACU U310 consolidates multiple real-time, safety-critical, and cybersecure functions into a single chip.

Intel has also partnered with AWS to co-develop the Intel® Automotive Virtual Development Environment (VDE). This integrated approach aims to reduce development costs and improve performance by optimizing the entire vehicle's electrical/electronic architecture, enabling automakers to build future mobility solutions more efficiently and profitably.

Intel unveiled an expanded automotive product portfolio at CES 2025, introducing solutions to accelerate the transition to electric and software-defined vehicles (SDVs). The company announced its whole-vehicle platform, which includes high-performance compute, discrete graphics, AI, power management, and zonal controller solutions, alongside the Intel® Automotive Virtual Development Environment (VDE) co-developed with AWS.

A key highlight is the introduction of the Adaptive Control Unit (ACU), specifically designed for EV power trains and zonal controller applications. The ACU U310 enables the consolidation of multiple real-time, safety-critical, and cybersecure functions into a single chip. This whole-vehicle approach aims to reduce inefficiencies in traditional fragmented vehicle architectures, driving significant cost reductions and performance improvements.

BUFFERZONE and Intel (NASDAQ: INTC) announced their continued partnership in AI PC innovation with the release of two new security solutions powered by NoCloud™ AI technology. The solutions, SafeBridge® AI and Safe Data, operate on Intel® Core™ Ultra processors, keeping sensitive data local.

SafeBridge® AI incorporates Large Language Model (LLM) to identify and explain potential attack vectors in downloaded files, while Safe Data is an AI-powered file vault protecting against Ransomware by scanning and securing confidential information. The solutions utilize Intel's integrated CPU, GPU, and NPU architecture, achieving over 60% reduction in inference speed compared to CPU-based inference.

The NoCloud™ approach eliminates LLM operational costs compared to cloud-based solutions while addressing security and privacy concerns by processing data locally rather than in the cloud.