Intel shares tumbled on Friday after the chip giant posted a drop in revenue for its data center processor business.
Intel's results were generally in line with Wall Street estimates, but the sales drop in its data center business, which grew 43% the previous quarter, was stunning.when it reported that production problems would delay its next generation chips. Still, even the bears aren't giving up on Intel's long-term prospects: Moore did note that "Longer term, we think the company is working to build a more solid foundation."
Intel's share of the $6.1 billion server chip market in the second quarter was 91%, down 2% from the year-ago quarter, according to IDC. Rival AMD's share was 6%, up 2%.
Did you see Intel’s CPU prices? Who will buy it at such costs?
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:
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
MoneyGram's COO took us inside the company's digital transformation - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
Billion Dollar Loser book: Inside WeWork CEO Adam Neumann's Summer Camp - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. reeveswiedeman Poca bebida. reeveswiedeman I remember working in the building and hearing about the quote when the campers returned, from Rebekah Neumann 'A big part of being a woman is to help men manifest their calling in life.'
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
An Inside Look At This CEO’s Refreshing Way Of Doing Business In The Beverage IndustryFor Certified Holistic Educator, Raw Food Chef, Plant-Based Nutritionist, and Founder of organic juice brand Garden of Flavor Lisa Reed, it’s all about the juice.
Sumber: Forbes - 🏆 394. / 53 Baca lebih lajut »
Intel stock price target lowered by Bank of America on earning slump - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »