While some parts of the semiconductor industry are booming because of strong demand for artificial intelligence chips, other server parts, such as the central processing units, or CPUs, that Intel makes, don't have the same kind of momentum. The consensus analyst estimate for Intel's earnings for the second, third and fourth quarters of Intel's 2024 all fell on Friday. Intel CEO Patrick Gelsinger told analysts on the earnings call that first-quarter sales performance would take a hit because of weakness at Mobileye, where Intel owns a majority stake, as well as in the company's programmable chip unit. He also said the company's core businesses of PC and server chips remained "healthy" and would report sales at the low end of the seasonal range.