Intel sees lower quarterly profit on weaker global chip demand

Intel sees lower quarterly profit on weaker global chip demand

6 years ago
Anonymous $9CO2RSACsf

https://www.reuters.com/article/us-intel-results/intel-sees-lower-quarterly-profit-on-weaker-global-chip-demand-idUSKCN2253GZ

Intel Corp forecast current-quarter profit below analysts' estimates on Thursday as the semiconductor industry deals with slack demand due to massive shutdowns from the coronavirus outbreak, sending the chipmaker's shares down 6% in extended trading.