Intel's $Billion Gamble: Can It Pay Off?

Can Intel's billions in new deals save it? All eyes are on the chipmaker's October 22nd earnings call as it faces a projected sales drop despite massive investments from Nvidia, SoftBank, and the US government. While Intel's stock has doubled this year, outperforming even Nvidia, concerns linger about earnings dilution and competition from AMD. Will rising PC chip sales and new processors like Panther Lake be enough to spark a true turnaround, or will Intel continue to lag in the crucial AI chip race?The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.