Check out Intel CEO Pat Gelsinger's Q4 forecast

October 31, 2024, 11:50 p.m. GMT+0000

Intel CEO Patrick Gelsinger spoke on Bloomberg Technology about Intel's third-quarter rally and future prospects. He said: “We worked very hard to achieve this this quarter,” crediting the company's restructuring in particular for delivering better-than-expected results. The company plans to continue investing in their AI platform “Gaudi”, although they have not been able to generate any sales this year (Source: Bloomberg).