BBCNEWS Asia Business Report June 4, 2024 23:33:00
One tech firm that hasn't performed all that well in the last quarter is intel. the company reported its la rgest—ever quarterly loss. revenue fell 36% to 11.7—billion—dollars. despite that, it was still slightly above wall street estimates. the chip—maker has faced a slump in demand for semiconductors.. but there are early signs of a recovery across the global chip sector. and snap has also disappointed. shares in the the social media company are down nearly 18—percent in extended trading. revenue for the first quarter was just under 990—million dollars.. down from 1.06—billionâ...