Coronavirus Uncertainty Places Intel and AMD on the Spotlight as Microsoft Warns of Revenue Target Shortfall
https://wccftech.com/coronavirus-uncertainty-places-intel-and-amd-on-the-spotlight-as-microsoft-warns-of-revenue-target-shortfall/
With Microsoft (NASDAQ:MSFT) declaring on Wednesday its inability to meet the target revenue for the personal computing business due to supply chain disruptions emanating from the coronavirus epidemic, the semiconductor sector behemoths Intel (NASDAQ:INTC) and AMD (NASDAQ:AMD) are now on investors’ negative guidance watch.
Microsoft said in a statement on Wednesday: