Latest news with #Windows11
Business Insider
2 hours ago
- Business
- Business Insider
'PC Shipments are Forecast To Rise…,' Intel Stock (NASDAQ:INTC) Slips
Chip stock Intel (INTC) recently put up its earnings report, and one key point emerged that proved oddly welcome. As it turns out, Intel's work to help augment the artificial intelligence (AI) PC market has done Intel quite a bit of good. This serves as a bright spot for Intel, which is in desperate need of those as so much of the market seems to be turning on it. But shareholders were still clearly skeptical, and shares slipped modestly in Tuesday afternoon's trading. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. One of the biggest surprises to emerge from Intel's recent earnings report was the revelation that Intel is a major part of the AI PC market. In fact, three key PC makers—HP (HPQ), Lenovo (LNVGY), and Dell (DELL) —all turned to Intel for its line of Core Ultra processors that can handle AI operations. Given that those three firms represent around 66% of the global PC market, Intel may have landed a serious win. There was further help from Gartner Research Principal Rishi Padhi, who noted that PC shipments '…are forecast to rise 2.4% in 2025, propelled by a tariff-driven front-loaded inventory surge in the first half of 2025 in the U.S., and ongoing Windows 11 replacement cycles.' That is also good news for Intel. With foundry shipments up 4.4% on a year-over-year basis, there are some signs of a comeback in the making for Intel, though perhaps a slow one, and one not quite as pronounced as some might like. A Surprising Blow to Costa Rica Intel has been closing down operations worldwide, and one more such operation emerged recently. Intel announced plans to shut down chip assembly and test plant operations in Costa Rica, a move which will, somehow, '…drive greater efficiency and utilization within our global manufacturing network.' However, that is not the end of Intel in Costa Rica. Its engineering and corporate service positions will remain untouched, at least for now, reports note. Intel plans to absorb the losses by consolidating Assembly and Test Manufacturing (ATM) operations in Vietnam and Malaysia instead. Interestingly, some elements in Costa Rica moved quickly following the announcement. The Association of Free Zone Companies of Costa Rica (AZOFRAS) called on Costa Rican leaders to '…take swift action to safeguard national competitiveness,' one report noted. Is Intel a Buy, Hold or Sell? Turning to Wall Street, analysts have a Hold consensus rating on INTC stock based on one Buy, 25 Holds and three Sells assigned in the past three months, as indicated by the graphic below. After a 31.36% loss in its share price over the past year, the average INTC price target of $22.25 per share implies 8.75% upside potential.
Indian Express
3 hours ago
- Indian Express
Microsoft to discontinue Windows 10; here is how to get a year of free security updates
October will mark the end of security support for Windows 10, as Microsoft officially prepares to retire the operating system. Users can pay £30 for a one-year Extended Security Update (ESU), but there's also a free alternative, but only if you're willing to use Microsoft's cloud services. In that case, all you need is to back up your device using Windows Backup and connect it to your OneDrive account. This allows you to continue receiving updates without paying for the ESU plan. With Windows 10 still powering over 53 per cent of PCs as of May 2025, the offer is significant. Without updates, millions of devices will soon be left without vital security patches. Microsoft's cloud-based workaround offers a stopgap for users not ready to switch to Windows 11. The only potential issue is OneDrive storage. Anyone with a Microsoft account receives up to 5 GB of storage for free. However, as Verge points out, some backups may exceed this limit, requiring users to purchase a monthly or yearly plan. At £2 per month for 100 GB of cloud storage, a year of OneDrive still costs less than £30 for an extra year of security updates, but it may still cause frustration among some customers. Today also marks the 10th anniversary of Windows 10, which launched to great success. Now, as Windows 11's market share finally overtakes it, Microsoft is moving to retire the OS, joining the likes of Windows 7 and Windows XP in the company's archives. In a recent blog post, Microsoft outlined three steps for getting free Windows 10 security updates through its new incentive programme: Firstly, you need to sync your settings to OneDrive in the cloud using Windows Backup. Then, utilise 1,000 points from Microsoft Rewards. Finally, you can purchase a year's worth of security updates using those points. Users will be able to redeem this starting in July, when Microsoft expects to roll out the sign-up process for the Extended Security Updates program. Businesses will have the option to pay for up to three years of further upgrades; however, signing up for this will ensure updates through 13 October 2026. This gives you extra time to switch to Windows 11, but it isn't a permanent solution. It's been an uphill battle for Microsoft, as customers have been reluctant to replace their existing devices. Although there are many differences between the two operating systems, the previous generation OS has lingered much longer than expected due to Microsoft's series of unpopular decisions and issues with Windows 11.
The Star
11 hours ago
- Business
- The Star
Seagate forecasts first-quarter revenue and profit below estimates, shares slump
FILE PHOTO: A Seagate Tech external computer hard drive is shown in this photo illustration in Encinitas, California, U.S., January 23, 2017. REUTERS/Mike Blake/File Photo (Reuters) -Seagate Technology forecast first-quarter revenue slightly below Wall Street expectations on Tuesday, hurt by weak demand for its storage devices amid ongoing uncertainty in the personal computer market, sending its shares down 8% in extended trading. Despite optimism surrounding on-device AI features and an anticipated Windows 11 refresh cycle, end-market demand for PCs remains uncertain as consumers navigate a shifting macroeconomic and global trade landscape. The company expects revenue for the first quarter ending September to be $2.50 billion, plus or minus $150 million, falling short of analysts' average estimate of $2.51 billion, according to data compiled by LSEG. Adjusted profit for the quarter is projected at $2.30 per share, plus or minus 20 cents, compared with the consensus estimate of $2.33 per share. Growth in the PC market remains uncertain after customers advanced shipments into the first half of the year amid trade negotiations, according to analysts. Global PC shipments rose 6.5% in the June quarter, according to data from International Data Corporation. For the fourth quarter ended June 27, Seagate reported revenue of $2.44 billion, slightly above analysts' estimate of $2.43 billion. The company posted adjusted earnings of $2.59 per share, topping expectations of $2.45. Seagate said its first-quarter forecast accounts for the net dilutive impact of its exchangeable senior notes due in 2028 and anticipates minimal effect from current global tariff policies. (Reporting by Arsheeya Bajwa in Bengaluru; Editing by Tasim Zahid)
Yahoo
14 hours ago
- Business
- Yahoo
Seagate forecasts first-quarter revenue and profit below estimates, shares slump
(Reuters) -Seagate Technology forecast first-quarter revenue slightly below Wall Street expectations on Tuesday, hurt by weak demand for its storage devices amid ongoing uncertainty in the personal computer market, sending its shares down 8% in extended trading. Despite optimism surrounding on-device AI features and an anticipated Windows 11 refresh cycle, end-market demand for PCs remains uncertain as consumers navigate a shifting macroeconomic and global trade landscape. The company expects revenue for the first quarter ending September to be $2.50 billion, plus or minus $150 million, falling short of analysts' average estimate of $2.51 billion, according to data compiled by LSEG. Adjusted profit for the quarter is projected at $2.30 per share, plus or minus 20 cents, compared with the consensus estimate of $2.33 per share. Growth in the PC market remains uncertain after customers advanced shipments into the first half of the year amid trade negotiations, according to analysts. Global PC shipments rose 6.5% in the June quarter, according to data from International Data Corporation. For the fourth quarter ended June 27, Seagate reported revenue of $2.44 billion, slightly above analysts' estimate of $2.43 billion. The company posted adjusted earnings of $2.59 per share, topping expectations of $2.45. Seagate said its first-quarter forecast accounts for the net dilutive impact of its exchangeable senior notes due in 2028 and anticipates minimal effect from current global tariff policies. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNA
14 hours ago
- Business
- CNA
Seagate forecasts first-quarter revenue and profit below estimates, shares slump
Seagate Technology forecast first-quarter revenue slightly below Wall Street expectations on Tuesday, hurt by weak demand for its storage devices amid ongoing uncertainty in the personal computer market, sending its shares down 8 per cent in extended trading. Despite optimism surrounding on-device AI features and an anticipated Windows 11 refresh cycle, end-market demand for PCs remains uncertain as consumers navigate a shifting macroeconomic and global trade landscape. The company expects revenue for the first quarter ending September to be $2.50 billion, plus or minus $150 million, falling short of analysts' average estimate of $2.51 billion, according to data compiled by LSEG. Adjusted profit for the quarter is projected at $2.30 per share, plus or minus 20 cents, compared with the consensus estimate of $2.33 per share. Growth in the PC market remains uncertain after customers advanced shipments into the first half of the year amid trade negotiations, according to analysts. Global PC shipments rose 6.5 per cent in the June quarter, according to data from International Data Corporation. For the fourth quarter ended June 27, Seagate reported revenue of $2.44 billion, slightly above analysts' estimate of $2.43 billion. The company posted adjusted earnings of $2.59 per share, topping expectations of $2.45. Seagate said its first-quarter forecast accounts for the net dilutive impact of its exchangeable senior notes due in 2028 and anticipates minimal effect from current global tariff policies.
