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WSJ Tech News Briefing

TNB Tech Minute: Intel Stock Falls After Quarterly Loss

WSJ Tech News Briefing

The Wall Street Journal

Tech News, News

4.31.7K Ratings

🗓️ 23 January 2026

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus: Uber plans to use AI in customer service. And shares of European arms maker CSG surged on Amsterdam stock-market debut. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

How are the U.S. businesses of Philip Morris International invested in America?

0:05.0

We're invested in advancing science, giving adults who smoke better options.

0:10.0

We're invested in American manufacturing, helping local economies thrive.

0:15.0

We're invested in community, supporting military veterans and their families,

0:19.0

disaster relief, and economic empowerment.

0:22.5

Because we're proud to be invested in America.

0:25.9

See how at uspMI.com.

0:31.5

Here's your afternoon, TNB Tech Minute, for Friday, January 23rd.

0:36.2

I'm Julie Chang for the Wall Street Journal. Intel stock dropped sharply

0:40.4

after the chipmaker swung to a larger than expected quarterly loss. The stock, which has more than

0:46.1

doubled in value over the past six months, slid more than 17 percent today. The company swung to a loss

0:52.9

in the fourth quarter, and it forecast further losses

0:55.9

in the first quarter of this year, as it spends heavily to ramp up production of its latest chips

1:01.2

while it contends with an inventory shortage. Investors have eagerly awaited news about clients

1:06.8

for Intel's chip fabrication business. However, executives said customer announcements won't come

1:12.3

until later in the year. Uber is planning to let AI make the calls in customer service.

1:19.3

That's according to CEO Dara Khazarsahi, who spoke to the WSJ Leadership Institute at Davos,

1:25.1

Switzerland. We are empowering AIs. We're throwing away all the rules,

1:30.2

and we're telling the AI, use your common sense. He says Uber plans to roll out the customer

1:35.2

service AI gradually in smaller markets, where the inevitable mistakes will be less costly.

1:42.1

And shares in Eastern European arms maker, CSG, surged 28% on their trading debut in

1:49.0

Amsterdam, valuing the company at more than $37.5 billion. CSG makes armed vehicles, defense electronics,

...

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