Intel reported a net loss of approximately 19.44 billion yen (about $126 million) for the fourth quarter of 2024, marking a reduction in its deficit compared to previous periods. The company's revenue fell by 7% year-over-year to $14.3 billion, although it managed to exceed revenue expectations despite the loss. This announcement comes amid ongoing challenges for the chipmaker, which is currently searching for a new CEO following the resignation of long-serving leader Pat Gelsinger in December.