Intel, which just finished one of the most challenging years in its history, stated that it anticipates a more than 6% decline in revenue in the first half of 2025. The company’s challenging outlook was attributed to a number of factors, including the uncertain global economy, the impact of possible tariffs, increased competition, and sluggish demand from its main customers.
Michelle Johnston Holthaus, one of two executives leading Intel temporarily while it looks for a successor to former CEO Pat Gelsinger, who retired unexpectedly last month, stated that there are no short cuts. Although the market for Intel is becoming more competitive, Holthaus stated that new products that are scheduled to be released later this year would increase the attraction of Intel’s technology.
