Intel shares sink as memory shortage drags its PC chip outlook
· thenextweb.com · popularity 21/100 · 0 similar stories today · Logistics & Supply Chain (Business & Finance)
Read the original at thenextweb.com →
Summary
Intel forecast fourth-quarter revenue of $15B to $16B, below the $17B analysts expected, as a memory chip shortage hits PC demand and supply problems slow its data centre unit. Shares fell more than 20% in late trading. Third-quarter revenue rose 21% to $16.5B. Intel shares fell more than 20% in late trading on Thursday after […] This story continues at The Next Web
Found in: The Next Web. Rating basis: single outlet; outlet tier 2 (unlisted); 1 feeds; feed position 2.