Intel reports third-quarter loss but forecasts Q4 revenue above…

Post By Micaela Homan Computers, Games No Comments

By Max A. Cherney and Arsheeya Bajwa

Oct 31 (Reuters) – Intel reported a massive net loss on Thursday, weighed down by impairment and restructuring charges, but forecast fourth-quarter revenue above estimates.

The company has largely missed out on a boom in investments in speedy, advanced AI chips for data centers as businesses double down on adopting generative AI technology – a market dominated by Nvidia, followed by rival AMD.

Intel reported a net loss attributable to Intel of $16.6 billion for the third quarter, compared with a net profit attributable to Intel of about $300 million in the year-ago period.

As one of the largest makers of PC chips, Intel has benefited as the rollout of on-device AI features and a fresh Windows update cycle have renewed demand for PCs after a years-long slump, helping the company surpass Wall Street’s low expectations.

The company expects revenue to be between $13.3 billion and $14.3 billion for the current quarter, the midpoint of which is above analysts’ average estimate of $13.66 billion according to data compiled by LSEG.

Analysts also expect demand for traditional server chips made by Intel – its mainstay data-center semiconductors – to pick up in the second half of the year after several quarters of soft demand as investment is funneled to AI chips.

However, Intel’s share of the PC and slot server thailand CPU market is consistently threatened by AMD, which now boasts a market valuation larger than that of Intel and is also the closest competitor to market leader Nvidia in AI graphics processors.

In an interview, Intel finance chief David Zinsner said the company planned $12 billion to $14 billion in capital spending in 2025. (Reporting by Arsheeya Bajwa in Bengaluru and Jeffrey Dastin and Max A. Cherney in San Francisco Editing by Kenneth Li and Matthew Lewis)

Answers about Asia

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Asia

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Asia

Who began to settle Asia Minor with their army commanders as kings year began?

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No

Google complains to EU over Microsoft cloud practices

Post By Lesley Patino Computers, Games No Comments

By Philip Blenkinsop

BRUSSELS, Sept 25 (Reuters) – Alphabet unit Google filed a complaint to the European Commission on Wednesday against what it said were Microsoft’s anti-competitive practices to lock customers into Microsoft’s cloud platform Azure.

Google, whose biggest cloud computing rivals are Microsoft and Amazon Web Services, said Microsoft was exploiting its dominant Windows Server operating system to prevent competition.

Google Cloud Vice President Amit Zavery told a briefing that Microsoft made customers pay a 400% mark-up to keep running Windows slot server thailand on rival cloud computing operators. This did not apply if they used Azure. Users of rival cloud systems would also get later and more limited security updates, Zavery said.

Google pointed to a 2023 study by cloud services organisation CISPE which found that European businesses and public sector bodies were paying up to 1 billion euros ($1.12 billion) per year on Microsoft licensing penalties.

Microsoft in July clinched a 20-million-euro deal to settle an antitrust complaint about its cloud computing licensing practices with CISPE, averting an EU investigation. However, the settlement did not include Amazon Web Services (AWS), Google Cloud Platform and AliCloud, prompting criticism from the first two companies.

Microsoft said it had settled amicably similar concerns raised by European cloud providers, adding that Google had hoped they would keep litigating.

“Having failed to persuade European companies, we expect Google similarly will fail to persuade the European Commission,” a Microsoft spokesperson said in a statement.

Google said Microsoft had locked customers into using collaboration application Teams even when they preferred alternatives and was using the same playbook for Azure.

“The time to act is now,” Zavery said. “The cloud market will get more and more restrictive if things don’t happen now.”

Google said that only regulatory action would end Microsoft’s “vendor lock” and level the playing field for competitors.

“We are asking the European Commission to act now. We’re asking them to really look at this issue, help customers decide and keep the choices going for them,” Zavery said.

Google said Microsoft’s Windows Server and various Microsoft products had a market share of over 70% in European businesses.

For years, Microsoft allowed its products to work on any hardware, such as laptops, but placed restrictions in 2019 as it entered the cloud business.

The cloud computing business is growing at around 20% per year in the EU, with plenty of potential. A McKinsey study in April showed that two-thirds of EU companies had less than half of their workloads on the cloud. ($1 = 0.8943 euros) (Reporting by Philip Blenkinsop Editing by Tomasz Janowski, Kirsten Donovan)

Answers about Thailand

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The primary language spoken in Bangkok, Thailand is Thai, which is the official language of the country. Additionally, English is widely understood and spoken i

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Thailand

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Thailand

What are the impacts and iconwin changes that occur as a result of mining in Thailand?

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Mining in Thailand has both positive and negative impacts. Here’s a breakdown of its effects: Positive Impacts: Economic Growth: Mining contributes to Thailand’

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Thailand

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Is Siam bend on the snake river?

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Siam is not a geographical location, but rather a historical name for Thailand. The Snake River is a major river in the western United States, flowing through s

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Montana

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What do Phillips County Montana and Nan Province Thailand have in common?

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Both have populations that are not very diverse.

Both are agricultural.

Thailand

How do you make dragonfly brand tapioca pearls from Thailand?

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Thailand

What year did Siam cease to exist?

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Thailand

How many Sikhs live in Thailand?

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Thailand

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Thailand

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History of Asia

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How casualties in Thailand tsunami?

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The 2004 Indian Ocean tsunami in Thailand resulted in over 5,300 recorded deaths, with thousands more injured and missing. The impact was particularly devastati

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Thailand

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How many hours from Ontario airport to Thailand?

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The flight duration from Ontario International Airport in California to Thailand is approximately 17-20 hours, depending on the airline, layovers, and route.

Answers about Nintendo DS

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Nintendo DS

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Mobile Phones

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Nintendo DS

How do you delete saved data on petz countryside?

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Nintendo DS

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Can you change the character’s name in chrono trigger?

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Game Consoles and Gaming Hardware

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Nintendo DS

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Game Consoles and Gaming Hardware

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Math and Arithmetic

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