News Formal

Intel's revenue from data-center business misses estimates, shares slide

  • 📰 Reuters
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Intel Corp on Thursday missed revenue estimates for its data-center business for the third quarter as the COVID-19 pandemic pushed its government and business customers to spend less on its chips, sending its shares down 8%.

, which use outside manufacturers, have capitalized on Intel's woes and are gaining market share in both data centers and PCs, with AMD hitting its highest market share since 2013 earlier this year.

The company said spending by government and business customers on its data-center chips plummeted 47% after two quarters of growth. The company said it was expecting fourth-quarter revenue of about $17.4 billion, while analysts were expecting revenue of $17.36 billion.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 2. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Intel earnings may be overshadowed by memory dumpIntel is scheduled to report earnings after the bell Thursday, but analyst commentary has already steered away from earnings results to its announced plans to sell its flash-memory, or NAND, business to Korean chip maker SK Hynix Inc. for $9 billion.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »