Intel forecasts second-quarter revenue above estimates
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Source: biztoc.com
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Intel ends its bitcoin mining chip series
Chipmaker Intel Corp said on Tuesday (April 18) it has discontinued production of its bitcoin mining chip series, just a year after its introduction. A rout in the cryptocurrency market hurt some chip companies including Nvidia Corp, whose high-end graphics chips became popular for crypto mining. Intel expects to stop taking orders for the series, called Blockscale, by Oct 20...
Source: asiaone.com
Layoffs At Tech Giants Continue In 2023
MOUNTAIN VIEW (dpa-AFX) - Although several major companies across the tech industry have announced mass layoffs as rising inflation and uncertain macroeconomic conditions fuel recession fears,
Source: finanznachrichten.de
Intel cuts annual revenue forecast for second time this year
Chipmaker Intel Corp on Thursday cut its 2022 revenue forecast for the second time this year as a slump in PC demand looks set to worsen and recession f...
Source: crn.com.au
Intel Trims Full-year Forecasts, Plans Staff Cuts; Battered Shares Rise
Chipmaker Intel Corp on Thursday cut its full-year profit and revenue forecast and Chief Executive Pat Gelsinger, asked about potential layoffs, told Reuters "people actions" would indeed be part of
Source: ibtimes.com