IntelINTC

“but with the Dell Pro laptop powered by Intel Core Ultra with VPro built with optimized battery and built-in intelligence, your tech won't slow you down.”

“'It has a minimalist design that makes maintenance very easy, and it's powered by Intel Panther Lake with support for two NVME SSDs, 128 GB of RAM...'”

“with the Dell Pro laptop powered by Intel Core Ultra with Vro, built with optimized battery and built-in intelligence, your tech won't slow you down.”

“Recapping here S&P 500 index down now by 1.1%. And for on demand news 24 hours a day, subscribe to Bloomberg News Now wherever you get your podcasts. Tim and Carol. That is a Bloomberg Businessweek. All right. There's a lot to get to. Um, we do though, want to touch on Kevin Walsh because while many of us were sleeping in a moderated discussion, I'm sure that not everybody likes any of us. Well, he wasn't just the guy. You might have been up for one reason. I might have been up there. I think many of us were awake, actually, but there was a moderate discussion this morning in Bangkok at the International Monetary Fund's annual meetings, and Fed Chair Kevin Warsh made really no remarks. A monetary policy didn't give any update on his outlook for the U.S. economy, apart from reiterating that the fed will deliver price stability. So thank you. But he did address AI and the economy. Advent of this new technology. This is probably the most consequential change to the U.S. and the global economy in my lifetime? Yep. Um, so I take it seriously. But as a central banker, also soberly, responsibly. Um, I'd say it's going to do several things. First, it's obviously hitting the demand side of the economy before it's going to hit the supply side of the economy. All right. That, of course, was Kevin Warsh, uh, chair of the U.S. central Bank Federal Reserve, there at the IMF annual meetings in, uh, in a Bangkok. Let's get that out right, correctly in Bangkok. Um, moderating the discussion was the head of the IMF, Kristalina Georgieva. Well, let's go from Bangkok to Washington, D.C., our Bloomberg News bureau there, and to Bloomberg News, a global economy reporter and a current and a, uh, was this much ado about nothing from the fed chair overnight? Well, it was classic, you know, tea leaf reading. Uh, no doubt about it. Um, Tim, uh, you know, on the one hand, the chairman came out and said, I'm not going to give anyone a signal what we're going to do to interest rates. We're not in that business anymore. It's a new fad. But at the same time, people listen closely to what he didn't say and what he didn't say was he didn't talk up any concern or alarm over the inflation data we've just had over the past week, both consumer and producer prices, as you both know, were on the hot side showing broad based price increases. He didn't get into that. Instead, he just said, look, we took that decision a few weeks ago in September to raise rates. We took away a dose of accommodation tax time, as he terms it. We've got two more meetings still to go. We'll have to think about what we're going to do then. Uh, and I think all of that was enough to convince the fed watching more of his signal. There was, look, we are where we are. We're not going to be changing. Um, and it certainly wasn't the new message. So it's more about what he didn't say and what he did say. Okay, I want to go back to what you said about this being a new fed and this fed chair saying we're not in the business of forward guidance. Is everybody on board with that? Because I remember I'm old enough to remember earlier this week when our Bloomberg News team had an interview with, uh, New York Fed President John Williams, and he indicated that there would be likely be no hikes in 2027 and one more this year. So we clearly are going into some kind of a new communication, a framework with the current fed under Chairman Warsh. No doubt about it. There is a task force that he set up that will report back in the coming months. That would probably set out clearer rules of the road in terms of where everyone's going. But in terms of where we are right now, the last few weeks have sent mixed signals here, pointing because we had several key fed officials come out before the inflation data. Uh, making the point that they have they have policymakers have time. They don't have to raise rates one meeting after after another. And as you mentioned there, New York Fed President John Williams made the point that, look, he sees one more rate hike, probably at the end of the year. Now, that was all before the inflation data gap. Then we had the inflation data and it was pretty broad based. It was hotter than expected. A lot of economists had. It wasn't. Give me a good look in terms of where price pressures were going, but there's a feeling now of that they've kind of locked themselves in for. For rightly or wrongly, they're looking for the end of signal that the policymakers are going to be on hold this week. So it will be quite a shock for them to turn around now and raise rates when they haven't sent that signal. But that's why all the focus is on December. But because even if they don't hike in October, the inflation story hasn't gone away. It's a question of how they respond at their next meeting and the last one for the year, which is in December.”

The company is mentioned as having a significant stock decline (down 12%) and is characterized as a notable news story amid chip sector weakness.

“remember M1 comes out and like they leave Intel in the dust. Like the jump between Intel MacBook Pros and Apple Silicon MacBook Pros was legendary”

Intel is described as being left in the dust by Apple's M1 silicon, implying inferior performance compared to newer alternatives.

“Intel's had a rough run for a decade, and they still have meaningful share. I think the question isn't will Nvidia be great, but how many other companies will also be great?”

Described as having had a rough run for a decade despite still maintaining meaningful market share.