Intel set for big drop in quarterly revenue as chipmaker struggles to bounce back [Yahoo! Finance]
Synovus Financial Corp. (SNV)
Last synovus financial corp. earnings: 4/24 06:30 am
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Source: Yahoo! Finance
signaling more erosion of data center and personal computer market share for the once iconic American chipmaker. Shareholders have turned their focus to CEO Pat Gelsinger's attempts to salvage the company's lost market lead as losses mount at its contract manufacturing business, while Intel fails to capitalize on the generative AI-driven chip boom, after a series of missteps including passing on an investment in OpenAI. With Wall Street expecting Intel to report an 8% decline in revenue to $13.02 billion, according to data from LSEG compiled as of Oct. 26, investors want Gelsinger to provide clarity on his plans to get the company's latest manufacturing technology up and running. A disastrous quarterly report in August had raised some doubts over Gelsinger's strategy to revive the struggling chipmaker. Rosenblatt Securities analyst Hans Mosesmann said Intel investors have two big questions: "Can it be fixed?" and "Who is it going to be fixed by?" Gelsinger, who took the CEO
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News
- Trump appointees and crypto, Nvidia earnings preview: Catalysts [Yahoo! Finance]Yahoo! Finance
- Trump appointees and crypto, Nvidia earnings preview: Catalysts [Yahoo! Finance Canada]Yahoo! Finance Canada
- Synovus to present at Goldman Sachs 2024 US Financial Services ConferenceBusiness Wire
- Synovus names new chief credit officer [Yahoo! Finance]Yahoo! Finance
- Synovus names new chief credit officerBusiness Wire
SNV
Earnings
- 10/16/24 - Beat
SNV
Sec Filings
- 11/14/24 - Form 13F-HR
- 11/13/24 - Form 4
- 11/13/24 - Form 4
- SNV's page on the SEC website