Intel shares sink as third-quarter sales miss estimates

Intel shares sink as third-quarter sales miss estimates

3 years ago
Anonymous $BH0TGXkyPe

https://www.reuters.com/article/intel-results/intel-shares-sink-as-third-quarter-sales-miss-estimates-idUSKBN2HB2JB

Shares of Intel Corp sank on Thursday as the company reported third-quarter sales that missed expectations, with Chief Executive Officer Pat Gelsinger telling Reuters that shortages of ancillary chips needed to make full computers are holding back sales of the company's flagship processor chips.

Intel shares sink as third-quarter sales miss estimates

Oct 21, 2021, 11:17pm UTC
https://www.reuters.com/article/intel-results/intel-shares-sink-as-third-quarter-sales-miss-estimates-idUSKBN2HB2JB >Shares of Intel Corp sank on Thursday as the company reported third-quarter sales that missed expectations, with Chief Executive Officer Pat Gelsinger telling Reuters that shortages of ancillary chips needed to make full computers are holding back sales of the company's flagship processor chips.