Intel's 'historic collapse' set to erase $10 billion from market value

  • 📰 ottawasuncom
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 92%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Intel is set to erase nearly $10 billion in market value on Friday after the chipmaker stumped Wall Street with dismal earnings projections.

Play Video

The poor outlook underscored the challenges facing Chief Executive Pat Gelsinger as he tries to reestablish Intel’s dominance of the sector by expanding contract manufacturing and building new factories in the United States and Europe.Article content Analysts said that puts Intel at a disadvantage even when the data centre market bottoms out, expected in the second half of 2022, as the company would have lost even more share by then.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 4. in PT

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Intel's 'historic collapse' set to erase $10 billion from market valueIntel is set to erase nearly $10 billion in market value on Friday after the chipmaker stumped Wall Street with dismal earnings projections.
Fonte: VancouverSun - 🏆 49. / 61 Consulte Mais informação »

Intel's 'historic collapse' set to erase $10 billion from market valueIntel is set to erase nearly $10 billion in market value on Friday after the chipmaker stumped Wall Street with dismal earnings projections. Intel Inside
Fonte: TheTorontoSun - 🏆 23. / 68 Consulte Mais informação »

Intel's 'historic collapse' set to erase $10 billion from market valueIntel is set to erase nearly $10 billion in market value on Friday after the chipmaker stumped Wall Street with dismal earnings projections.
Fonte: calgaryherald - 🏆 64. / 52 Consulte Mais informação »