Intel Corporation ( NASDAQ: INTC ) Barclays 22nd Annual Global Technology Conference December 12, 2024 11:40 AM ET Company Participants Michelle Johnston Holthaus - Interim co-CEO David Zinsner - co-CEO, EVP and CFO Conference Call Participants Thomas O'Malley - Barclays Thomas O'Malley All right. Welcome back to the Barclays Tech Conference, I'm Tom O'Malley, Semiconductor and Semi-Cap Equipment Analyst here at Barclays. Before I introduce our guests, I just need to read an opening statement. So before we begin, please note that today's discussion may contain forward-looking statements that are subject to various risks and uncertainties and may reference non-GAAP financial measures. Please refer to Intel's most recent earnings release and Annual Report on Form 10-K and other filings with the SEC for more information on the risk factors that could cause actual results to differ materially and additional information for non-GAAP financial measures, including reconciliations where appropriate to the corresponding GAAP financial measures. Okay, now to the good stuff. Great to be here with you both. Michelle Johnston Holthaus. Michelle Johnston Holthaus Yes. Thomas O'Malley Perfect. And Dave Zinsner, co-CEOs. And very happy to have you here today. David Zinsner Thanks for having us. Michelle Johnston Holthaus Thanks for having us. Question-and-Answer Session Q - Thomas O'Malley Why don't we start off with the question that everyone's been asking you since Monday of last week, which is change of regime. How do you guys think things will differ with you two at the [Helm] (ph) versus when Pat was [technical difficulty]? Michelle Johnston Holthaus You want me to start? All right. Well, I think there'll be a few differences, and there'll be a few things that don't change. Obviously, building world-class products and a world-class boundaries, we're still highly invested in doing that. And those two things together will help differentiate us in the marketplace. Pat, clearly Dave and I enjoyed workingUS to send $1.25 billion in weapons to Ukraine, pushing to get aid out before Biden leaves office
The large package of aid includes a significant amount of munitions, including for the National Advanced Surface-to-Air Missile Systems and the Hawk air defence system. It also will provide Stinger missiles and 155mm and 105mm artillery rounds, officials said. The officials, who said they expect the announcement to be made on Monday, spoke on condition of anonymity to provide details not yet made public. The new aid comes as Russia launched a barrage of attacks against Ukraine’s power facilities in recent days, although Ukraine has said it intercepted a significant number of the missiles and drones. Russian and Ukrainian forces are also still in a bitter battle around the Russian border region of Kursk, where Moscow has sent thousands of North Korean troops to help reclaim territory taken by Ukraine. Earlier this month, senior defence officials acknowledged that the US Defence Department may not be able to send all of the remaining 5.6 billion dollars (£4.5 billion) in Pentagon weapons and equipment stocks passed by Congress for Ukraine before President-elect Donald Trump is sworn in. Mr Trump has talked about getting some type of negotiated settlement between Ukraine and Russia, and spoken about his relationship with Russian President Vladimir Putin. Many US and European leaders are concerned that it might result in a poor deal for Ukraine and they worry that he will not provide Ukraine with all the weapons funding approved by Congress. The aid in the new package is in presidential drawdown authority, which allows the Pentagon to take weapons off the shelves and send them quickly to Ukraine. This latest assistance would reduce the remaining amount to about 4.35 billion dollars (£3.46 billion). Officials have said they hope that an influx of aid will help strengthen Ukraine’s hand, should Ukrainian president Volodymyr Zelensky decide it is time to negotiate. One senior defence official said that while the US will continue to provide weapons to Ukraine until January 20, there may well be funds remaining that will be available for the incoming Trump administration to spend. According to the Pentagon, there is also about 1.2 billion dollars (£0.9 billion) remaining in longer-term funding through the Ukraine Security Assistance Initiative, which is used to pay for weapons contracts that would not be delivered for a year or more. Officials have said the administration anticipates releasing all of that money before the end of the calendar year. If the new package is included, the US will have provided more than 64 billion dollars (£50.8 billion) in security assistance to Ukraine since Russia invaded in February 2022.
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Wordle Help, Hints & Clues for Today, December 30 By The web-based word game continues to be a popular pastime for NYT readers, and its latest addition, #1290 for December 30, 2024, can now be solved. The game was originally invented by software engineer Josh Wardle and made public in 2021. The players get six attempts to guess a five-letter word correctly. If they guess the correct letter in its correct position, it will appear in green. Contrarily, if they guess a correct letter but place it in an incorrect position, it will appear in yellow, and if the letter is incorrect, the color will be gray. Here are the hints, clues, and the answer for Wordle for December 30. Wordle hint for December 30 : How many vowels and consonants are in the word? The word has two vowels and three consonants. : Does the word start with a vowel or consonant? The letter starts with a consonant. : Is the word a noun, verb, or adjective? The word is both a noun and a verb, depending on the usage. : Give a vague description of the word The word is the homophone of stair. What is the Wordle answer for today, December 30? The Wordle answer for today, December 30, is . As a verb, stare means to look at something with steady concentration, whereas as a noun it means a continual and purposeful gaze. The word’s etymology as a verb can be traced back to Middle English staren, Old English starian, Proto-West Germanic *starēn. Meanwhile, the etymology of the noun version of the word goes back to Middle English star and ster, Old English stær, and Proto-Germanic *starô. Today’s word is somewhat easy given the presence of the vowels in its middle and end. If a player figures out that the word starts with two consonants, it narrows down choices. Additionally, the hint about the homophone can be regarded as a big spoiler. Entertainment and pop-culture writer at ComingSoon. In his spare time, Tamal dreams of dragons. Share article
A new study highlights the unexpected ways AI is transforming everyday tasks, making them more efficient and convenient. For example, research forecasts that 45 percent of grocery shopping activities will be handled by AI within five years. As a specific area, smart AI integration in retail and homes can reduce food waste by 30 percent through precise demand forecasting and expiration monitoring. Research from the firm ZeroBounce , reveals how AI quietly helps in everyday tasks—proving itself not just a tool for tech enthusiasts but an ally in the modern home and workspace. Digital Journal assesses the highlights: Grocery Shopping – Smart Grocery Shopping with AI With the power of AI-powered apps , consumers can get tailored grocery lists, price comparisons, and real-time stock updates. Research shows that AI could reduce grocery prices by up to 20 percent through optimized inventory and logistics. Within five years, an estimated 45 percent of grocery shopping tasks will be automated, thanks to AI’s ability to predict consumer needs with uncanny accuracy. Dish Washing – Efficient Cleaning Made Easy Modern dishwashers are making household chores smarter by assessing dish types and quantities and then automatically adjusting water temperature, pressure, and cycle duration for the best clean. Within the next five years, automation is expected to take over 33 percent of dishwashing tasks, making everyday life more convenient. The dishwasher industry is projected to reach a revenue of $14.9 billion by 2030, with an annual growth rate of 7.1 percent, driven by the increasing demand for automated home appliances. Cooking – Intelligent Meal Prep AI-driven cooking systems enhance kitchen efficiency and sustainability by helping chefs optimize menu planning, forecast ingredient needs, and reduce food waste. AI can even factor in external conditions, like weather or local events, that might affect ingredient availability or customer demand. Research shows that integrating AI-based systems to track waste could cut food waste by up to 30 percent within just one year. As an example, 32 percent of cooking tasks are set to be automated in the coming years, making the kitchen much more efficient and user-friendly. Laundry – Smarter Fabric Care The integration of AI in washers and dryers ensures that detergent use and cycle settings are personalized, improving overall laundry care. Washing machine producers (Samsung, LG) state that by tailoring wash parameters to fabric specifics, AI machines ensure more efficient and gentle processes, extending garment life and reducing environmental impact. Smart machines also estimate energy and water consumption, improving efficiency. Automation is expected to handle 29 percent of laundry tasks in the next five years, making laundry care more convenient and efficient. Pet Care – Simplified Health and Feeding Advanced pet care devices, including smart feeders and activity monitors, are transforming how we care for our pets by automating feeding schedules and tracking health. Research from the American Veterinary Medical Association highlights that more veterinarians are adopting AI tools for diagnostic imaging and managing medical records. With these innovations, it is projected that 21 percent of pet care tasks will be automated in the next five years, enhancing both convenience and the quality of care for pets. Commenting on the findings, Liviu Tanase, CEO at ZeroBounce tells Digital Journal: “AI is turning everyday chores into effortless experiences—whether it’s grocery shopping tailored to your preferences or dishwashing cycles optimized without a second thought. It’s all about making life easier, freeing up time, and letting people focus on what truly matters. As technology continues to evolve, it’s simplifying routines in ways we never imagined. This transformation is not just about convenience; it’s about redefining how we live and interact with the world around.” Dr. Tim Sandle is Digital Journal's Editor-at-Large for science news.Tim specializes in science, technology, environmental, business, and health journalism. He is additionally a practising microbiologist; and an author. He is also interested in history, politics and current affairs.
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