Australia Markets closed
  • ALL ORDS

    6,943.00
    -57.60 (-0.82%)
     
  • ASX 200

    6,710.80
    -49.90 (-0.74%)
     
  • AUD/USD

    0.7683
    -0.0036 (-0.4687%)
     
  • OIL

    66.28
    +2.45 (+3.84%)
     
  • GOLD

    1,698.20
    -2.50 (-0.15%)
     
  • BTC-AUD

    63,577.23
    +305.05 (+0.48%)
     
  • CMC Crypto 200

    982.93
    +39.75 (+4.21%)
     
  • AUD/EUR

    0.6446
    +0.0003 (+0.05%)
     
  • AUD/NZD

    1.0718
    -0.0018 (-0.17%)
     
  • NZX 50

    12,180.25
    -44.25 (-0.36%)
     
  • NASDAQ

    12,668.51
    +204.51 (+1.64%)
     
  • FTSE

    6,630.52
    -20.36 (-0.31%)
     
  • Dow Jones

    31,496.30
    +572.16 (+1.85%)
     
  • DAX

    13,920.69
    -135.65 (-0.97%)
     
  • Hang Seng

    29,098.29
    -138.50 (-0.47%)
     
  • NIKKEI 225

    28,864.32
    -65.79 (-0.23%)
     

Intel Still Thinks It Can Keep Pace With TSMC and AMD

Leo Sun, The Motley Fool
·5-min read
Intel Still Thinks It Can Keep Pace With TSMC and AMD

Intel (NASDAQ: INTC) recently posted its fourth-quarter earnings, and the chipmaker's stock price initially rallied after the results. For the first quarter, Intel expects its adjusted revenue to decline 12% year over year to $17.5 billion, which surpasses analysts' expectations, and for its adjusted EPS to drop 24%, which matches expectations. In other words, Intel won't outsource the production of its main CPUs to external foundries like Taiwan Semiconductor Manufacturing (NYSE: TSM) anytime soon, but it could let TSMC or other foundries manufacture its discrete GPUs and other chips.