Financial Results
Amidst the backdrop of a weak quarterly earnings report that saw Intel lose money for the second quarter in a row, Intel today has announced that the company will be cutting costs by $10 billion in 2025 in an effort to bring Intel back to profitability. The cuts will touch almost every corner of the company in some fashion, with Intel planning to cut spending on R&D, marketing, administration, and capital expenditures. The most significant of these savings will come from a planned 15% reduction in force, which will see Intel lay off 15,000 employees over the next several months – thought to be one of Intel’s biggest layoffs ever. In an email to Intel’s staff, which was simultaneously published to Intel’s website, company CEO...
NVIDIA Closes Above $135, Becomes World’s Most Valuable Company
Thanks to the success of the burgeoning market for AI accelerators, NVIDIA has been on a tear this year. And the only place that’s even more apparent than the...
17 by Ryan Smith on 6/18/2024TSMC Posts Q4'23 Earnings: 3nm Revenue Share Jumps to 15%, 5nm Overtakes 7nm For 2023
Taiwan Semiconductor Manufacturing Co. released its Q4'2023 and full year 2023 financial results this week. And along with a look at the financial state of the firm as it...
2 by Anton Shilov on 1/19/2024NVIDIA Reports Q2 FY2024 Earnings: $13B Revenue Blows Past Records On Absurd Data Center Demand
NVIDIA this afternoon has announced their results for the second quarter of their 2024 fiscal year, delivering what’s arguably the most anticipated earnings report of the season. Riding high...
19 by Ryan Smith on 8/23/2023NVIDIA Reports Q1 FY2024 Earnings: Bigger Things to Come as NV Approaches $1T Market Cap
Closing out the most recent earnings season for the PC industry is, as always, NVIDIA. The company’s unusual, nearly year-ahead fiscal calendar means that they get the benefit of...
23 by Ryan Smith on 5/25/2023AMD Reports Q1 2023 Earnings: Slipping Back into the Red as Client Sales Crumble
Continuing our earnings season coverage for Q1’2023, today we have the yin to Intel’s yang, AMD. The number-two x86 chip and discrete GPU maker has been enjoying a growing...
6 by Ryan Smith on 5/3/2023Intel Reports Q1 2023 Earnings: A Record Losing Quarter Goes Better Than Expected
Kicking off our coverage of the first earnings season of the year for the tech industry, we as always start with Intel. The blue-hued blue-chip is the first out...
9 by Ryan Smith on 4/28/2023Intel Reports Q4 2022 and FY 2022 Earnings: 2022 Goes Out on a Low Note
Kicking off yet another earnings season, we once again start with Intel. The reigning 800lb gorilla of the chipmaking world is reporting its Q4 2022 and full-year 2022 financial...
36 by Ryan Smith on 1/26/2023Intel Reports Q3 2022 Earnings: Back To Profitability, But Still Painful
While always an interesting topic by default, corporate earnings reports in the tech industry have become especially important in the last few months, as the industry prepares to weather...
16 by Ryan Smith on 10/27/2022AMD Issues Early Q3’22 Financial Results: Misses Guidance By $1B as Client Revenue Craters
Underscoring a difficult second half of the year that seems to be shaping up for the entire tech industry, AMD this afternoon has become the latest tech company to...
33 by Ryan Smith on 10/6/2022Intel Reports Q1 2022 Earnings: Improved Enterprise Sales Buoy Weaker Client Revenue
Kicking off our coverage of the first earnings season of the year for the tech industry, we as always start with Intel. The blue-hued blue-chip company is the first...
13 by Ryan Smith on 4/28/2022AMD Reports Q4 2021 and FY 2021 Earnings: Turning Silicon Into Gold
As the full year 2021 earnings season rolls along, the next major chip maker out of the gate is AMD, who has been enjoying a very positive trajectory in...
26 by Ryan Smith on 2/1/2022Intel Reports Q4 2021 and FY 2021 Earnings: Ending 2021 On A High Note
Kicking off yet another earnings season, we once again start with Intel. The reigning 800lb gorilla of the chipmaking world is reporting its Q4 2021 and full-year financial results...
18 by Ryan Smith on 1/26/2022AMD Reports Q3 2021 Earnings: Records All Around
Continuing our earnings season coverage for Q3’21, today we have the yin to Intel’s yang, AMD. The number-two x86 chip and discrete GPU maker has been enjoying explosive growth...
35 by Ryan Smith on 10/26/2021Intel Reports Q3 2021 Earnings: Client Down, Data Center and IoT Up
Kicking off another earnings season, Intel is once again leading the pack of semiconductor companies in reporting their earnings for the most recent quarter. As the company gets ready...
32 by Ryan Smith on 10/21/2021AMD Reports Q2 2021 Earnings: Company-wide Growth Drives Doubled Revenue
Continuing our Q2 earnings coverage this month, AMD is next out the gate in reporting their earnings. And, has been the story now for most of the last year...
105 by Ryan Smith on 7/27/2021Intel Reports Q2 2021 Earnings: Client Computing Leads the Way
Kicking off another earnings season for the tech industry, we as always start things off with Intel, who is the first big chipmaker out of the gate. Over a...
52 by Ryan Smith on 7/22/2021AMD Reports Q1 2021 Earnings: Firing on All Cylinders and Setting Records
As Q1 earnings season continues to roll along, on deck today is AMD, who is getting the privilege of reporting some very positive earnings for the first three months...
75 by Ryan Smith on 4/27/2021NVIDIA Closes Out Q4 & FY2021 With Another Round of Record Earnings
NVIDIA this afternoon closed the book on another record fiscal year, announcing their FY 2021 and Q4 2021 earnings results for the company. For the last quarter of their...
19 by Ryan Smith on 2/24/2021AMD Reports Q4 2020 Earnings: Analyst Q&A Transcript
At the end of every financial call, invited financial analysts have an opportunity to probe the key members of the company on the numbers, as well as future products...
11 by Dr. Ian Cutress on 1/26/2021