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68. Intel's meltdown, tech bloodbath, cloud earnings and AI leaders
August 2, 2024
John Furrier and Dave Vellante discuss the latest tech news, including Intel's struggles, Amazon's earnings, and the rise of AI in the industry. Intel's challenges are highlighted, with revenue drops, missed EPS targets, and layoffs. The company's focus on x86 and struggles in mobile and AI markets are discussed. On the other hand, Amazon's strong earnings, with AWS showing 19% growth and 35% operating profit, are seen as a positive sign. The potential for companies like Amazon, Google, and Meta to lead in the AI market is also discussed. Overall, the tech in... Read more
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