Intel profit forecast, data center sales miss expectations; shares fall

4 years ago
Anonymous $4BDEsVAtYS

https://www.reuters.com/article/us-intel-results/intel-profit-forecast-data-center-sales-miss-expectations-shares-fall-idUSKBN2C92R8

(Reuters) -Intel Corp on Thursday raised its annual sales outlook but fell short of analyst expectations for first-quarter data center chip sales and its second-quarter profit forecast, signaling a turbulent road ahead as the company aims to catch up to rivals with faster chips.