Intel's shares tanked 10% late Thursday after the chip giant announced that production problems have delayed the rollout of its next generation chips.
Intel posted better-than-expected results for the second quarter, with profits of $5.1 billion on revenues of $19.7 billion.The semiconductor giant on Thursday posted second-quarter results that beat Wall Street expectations. But Intel's stock plunged 10% in late trades after the company said production problems will delay the rollout of its next generation of chips.
Intel reported a profit of $5.1 billion, or $1.19 a share, compared with a profit of $4.2 billion, or 92 cents a share, for the year-ago period. Revenue rose 20% to $19.7 billion from the year-ago quarter. Adjusted profit was $1.23 a share. Analysts were expecting a profit of $1.11 a share on revenue of $18.6 billion.
And this is why Apple is breaking up with Intel
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
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