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Intel CEO Pat Gelsinger Aims To Regain Lost Ground After Disappointing Results: 'The Road Map Is Healthy'
Intel CEO Pat Gelsinger Aims To Regain Lost Ground After Disappointing Results: 'The Road Map Is Healthy'
Intel Corporation (NASDAQ:INTC) CEO Pat Gelsinger expressed confidence in the company's future, despite a disappointing first-quarter performance.
What Happened: Gelsinger, during the first quarter earnings call, highlighted the company's upcoming products and their potential to regain market share.
He emphasized the significance of the Sierra Forest, Intel's first Xeon 6 product on Intel 3, which marks a return to American soil for the company's leading process technology after a decade.
Gelsinger also mentioned the Granite Rapids, set to launch in the third quarter, and the Clearwater Forest, the second generation of the Ecorepart, scheduled for next year. He believes these products will help Intel regain its leadership position in the data center market.
Despite the disappointing first-quarter results, Gelsinger is confident in Intel's future, stating, "The roadmap is healthy. The execution is strong, and we're rebuilding customer trust. They're looking at us now and saying, 'Oh, Intel is back.' And we're quite excited by that."
Why It Matters: Intel's first-quarter performance was less than stellar, with the company's shares falling after it reported lower-than-expected revenue and issued a weak second-quarter EPS guidance. Despite this, Gelsinger's optimism about the company's future could reassure investors and stakeholders.
Intel's subsidiary, Mobileye, also faced challenges in the first quarter, with its revenue dropping by 48% due to a supply chain reset. However, Mobileye's President and CEO, Prof. Amnon Shashua, expressed optimism about the company's recovery, indicating a potential turnaround for Intel's overall business.
Price Action: At the time of writing, Intel's stock price dropped 7.75% after hours to $32.39, according to Benzinga Pro data.
Image Via Shutterstock
This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
Intel Corporation (NASDAQ:INTC) CEO Pat Gelsinger expressed confidence in the company's future, despite a disappointing first-quarter performance.
英特尔公司(纳斯达克股票代码:INTC)首席执行官帕特·盖尔辛格对公司的未来表示了信心,尽管第一季度表现令人失望。
What Happened: Gelsinger, during the first quarter earnings call, highlighted the company's upcoming products and their potential to regain market share.
发生了什么:盖尔辛格在第一季度财报电话会议上强调了该公司即将推出的产品及其重新获得市场份额的潜力。
He emphasized the significance of the Sierra Forest, Intel's first Xeon 6 product on Intel 3, which marks a return to American soil for the company's leading process technology after a decade.
他强调了英特尔在英特尔3上推出的首款至强6产品Sierra Forest的重要性,这标志着该公司领先的工艺技术在十年后重返美国本土。
Gelsinger also mentioned the Granite Rapids, set to launch in the third quarter, and the Clearwater Forest, the second generation of the Ecorepart, scheduled for next year. He believes these products will help Intel regain its leadership position in the data center market.
盖尔辛格还提到了定于第三季度推出的Granite Rapids和定于明年推出的第二代Ecorepart的Clearwater Forest。他相信这些产品将帮助英特尔重新获得其在数据中心市场的领导地位。
Despite the disappointing first-quarter results, Gelsinger is confident in Intel's future, stating, "The roadmap is healthy. The execution is strong, and we're rebuilding customer trust. They're looking at us now and saying, 'Oh, Intel is back.' And we're quite excited by that."
尽管第一季度业绩令人失望,但盖尔辛格对英特尔的未来充满信心,他说:“路线图是健康的。执行力强,我们正在重建客户的信任。他们现在看着我们说:“哦,英特尔回来了。”我们对此感到非常兴奋。”
Why It Matters: Intel's first-quarter performance was less than stellar, with the company's shares falling after it reported lower-than-expected revenue and issued a weak second-quarter EPS guidance. Despite this, Gelsinger's optimism about the company's future could reassure investors and stakeholders.
为何重要:英特尔第一季度的表现并不出色,该公司公布的收入低于预期并发布了疲软的第二季度每股收益指引后,其股价下跌。尽管如此,盖尔辛格对公司未来的乐观情绪可能会使投资者和利益相关者放心。
Intel's subsidiary, Mobileye, also faced challenges in the first quarter, with its revenue dropping by 48% due to a supply chain reset. However, Mobileye's President and CEO, Prof. Amnon Shashua, expressed optimism about the company's recovery, indicating a potential turnaround for Intel's overall business.
英特尔的子公司Mobileye在第一季度也面临挑战,由于供应链重启,其收入下降了48%。但是,Mobileye总裁兼首席执行官安农·沙舒亚教授对公司的复苏表示乐观,这表明英特尔的整体业务有可能出现转机。
Price Action: At the time of writing, Intel's stock price dropped 7.75% after hours to $32.39, according to Benzinga Pro data.
价格走势:根据Benzinga Pro的数据,在撰写本文时,英特尔的股价盘后下跌7.75%,至32.39美元。
Image Via Shutterstock
图片来自 Shutterstock
This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
该内容部分是在Benzinga Neuro的帮助下制作的,并由Benzinga编辑审查和出版。
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在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
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在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
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