Intel Slashes Dividend by 66% in Attempt to Right Itself

The Intel Corp logo is seen on a display in a store in Manhattan, New York City, US, November 24, 2021. (Reuters)
The Intel Corp logo is seen on a display in a store in Manhattan, New York City, US, November 24, 2021. (Reuters)
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Intel Slashes Dividend by 66% in Attempt to Right Itself

The Intel Corp logo is seen on a display in a store in Manhattan, New York City, US, November 24, 2021. (Reuters)
The Intel Corp logo is seen on a display in a store in Manhattan, New York City, US, November 24, 2021. (Reuters)

Intel is slashing its quarterly dividend by 66% as the chip maker attempts to rejuvenate sales in a market that where competition is increasing as some corporations and households cut back on tech spending.

After posting a $664 million fourth-quarter loss last month and sticking by a pessimistic outlook from January, Intel said Wednesday that trimming its payout to shareholders will provide more flexibility as the company attempts to transform operations during a period of “macroeconomic uncertainty."

Intel Corp. is lowering its quarterly dividend to 12.5 cents per share, a cut of almost two-thirds from the 36.5 cents it has paid since early 2022.

The dividend will be payable on June 1 to shareholders of record on May 7.

The Santa Clara, California, company reiterated Wednesday that it expects to post first-quarter revenue of between $10.5 billion and $11.5 billion. Analysts polled by FactSet expect $11.12 billion.

Shares, down 11% over the past month, fell slightly to $25.90.



OpenAI Finds More Chinese Groups Using ChatGPT for Malicious Purposes

FILE PHOTO: OpenAI logo is seen in this illustration taken February 8, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: OpenAI logo is seen in this illustration taken February 8, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
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OpenAI Finds More Chinese Groups Using ChatGPT for Malicious Purposes

FILE PHOTO: OpenAI logo is seen in this illustration taken February 8, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: OpenAI logo is seen in this illustration taken February 8, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

OpenAI is seeing an increasing number of Chinese groups using its artificial intelligence technology for covert operations, which the ChatGPT maker described in a report released Thursday.

While the scope and tactics employed by these groups have expanded, the operations detected were generally small in scale and targeted limited audiences, the San Francisco-based startup said, according to Reuters.

Since ChatGPT burst onto the scene in late 2022, there have been concerns about the potential consequences of generative AI technology, which can quickly and easily produce human-like text, imagery and audio.

OpenAI regularly releases reports on malicious activity it detects on its platform, such as creating and debugging malware, or generating fake content for websites and social media platforms.

In one example, OpenAI banned ChatGPT accounts that generated social media posts on political and geopolitical topics relevant to China, including criticism of a Taiwan-centric video game, false accusations against a Pakistani activist, and content related to the closure of USAID.

Some content also criticized US President Donald Trump's sweeping tariffs, generating X posts, such as "Tariffs make imported goods outrageously expensive, yet the government splurges on overseas aid. Who's supposed to keep eating?".

In another example, China-linked threat actors used AI to support various phases of their cyber operations, including open-source research, script modification, troubleshooting system configurations, and development of tools for password brute forcing and social media automation.

A third example OpenAI found was a China-origin influence operation that generated polarized social media content supporting both sides of divisive topics within US political discourse, including text and AI-generated profile images.

China's foreign ministry did not immediately respond to a Reuters request for comment on OpenAI's findings.

OpenAI has cemented its position as one of the world's most valuable private companies after announcing a $40 billion funding round valuing the company at $300 billion.