Intel Third-Quarter Sales Slip Amid Shaky PC Market

  • 📰 WSJ
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Personal computer and server chips sagged, but sales overall beat forecasts and the chip maker’s own projections

Intel’s sales and profits fell in its latest quarter as weak personal-computer sales damped the market for its chips, and gains from surging interest in artificial intelligence remained elusive.

The company’s $14.2 billion in third-quarter sales were 8% below the year-earlier period but above Wall Street forecasts in a survey of analysts by FactSet. Net income of $310 million was sharply lower but also above expectations.This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 98. in BE

Belgique Dernières Nouvelles, Belgique Actualités