By Arsheeya Bajwa and Max A. Cherney Jan 22 (Reuters) - Intel said on Thursday it struggled to satisfy demand for its server chips used in AI data centers, and forecast quarterly revenue and profit below market estimates,

Intel reported fourth-quarter earnings on Thursday that beat Wall Street expectations but offered soft guidance for the current quarter.

Intel CFO David Zinsner indicated that Intel is “prioritizing [its] internal wafer supply to data center” and having more of its consumer chips made externally. Substantial portions of the Core Ultra Series 3 processors are manufactured at Intel, after the company primarily used TSMC’s chip factories for the Core Ultra Series 2 designs.

By Arsheeya Bajwa Jan 21 (Reuters) - Intel shareholders are optimistic about the company's results like they have not been for many quarters, betting the turnaround CEO Lip-Bu Tan promised was taking root and that rapid data center build outs were fueling strong demand for its traditional server chips.

Apple is reportedly planning to bring Intel back into its iPhone supply chain. According to GF Securities analyst Jeff Pu, the Cupertino-based tech giant may work with Intel to manufacture

Intel's fourth-quarter results reflected rising demand for its AI and data center products, offset by persistent supply constraints that continue to pressure its consumer segment. The

Intel said Thursday it expects its CPU shortage to peak in the first quarter as the company indicated that the ongoing AI data center boom is creating unexpectedly high demand for server chips.

Investors are betting big on a turnaround, but the company keeps making execution mistakes.