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International Business Times
International Business Times
Business

Chipmaker Intel Beats Revenue Expectations Amidst Q4 Loss

Intel co-chief executive Michelle Johnston Holthaus says the rise of DeepSeek chatbot could signal opportunity to be a disruptive player in the market for chips that power artficial intelligence (Credit: AFP)

Intel reported a fourth-quarter loss on Tuesday, but better than expected revenue as the US chip giant continues to struggle to stake its place in the artificial intelligence revolution.

The company posted a net loss of $126 million for the quarter ending December 28, compared to a profit of $2.67 billion in the same period last year.

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