Intel cuts forecast as China data center sales remain weak

Intel cuts forecast as China data center sales remain weak

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-intel-results/intel-cuts-forecast-as-china-data-center-sales-remain-weak-idUSKCN1S12KP

Chipmaker Intel Corp on Thursday cut its full-year revenue forecast and missed analysts' estimates for first-quarter sales for its higher-margin data center business, sending its shares down as much as 7.5%.

Intel cuts forecast as China data center sales remain weak

Apr 25, 2019, 10:15pm UTC
https://www.reuters.com/article/us-intel-results/intel-cuts-forecast-as-china-data-center-sales-remain-weak-idUSKCN1S12KP >Chipmaker Intel Corp on Thursday cut its full-year revenue forecast and missed analysts' estimates for first-quarter sales for its higher-margin data center business, sending its shares down as much as 7.5%.