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Intel cuts full-year forecast amid weak data centre sales

By Sayanti Chakraborty and Stephen Nellis on Apr 26, 2019 9:50AM
Intel cuts full-year forecast amid weak data centre sales

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Chipmaker Intel on Thursday cut its full-year revenue forecast and missed analysts' estimates for first-quarter sales for the data centre business that has driven growth as PC sales declined in recent years, sending its shares down as much as 7.5 percent. Intel said China's economy was consuming ...

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By Sayanti Chakraborty and Stephen Nellis
Apr 26 2019
9:50AM
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