Intel income drops 59%, announces $10bn in cutbacks
'Our costs are too high and our margins are too low,' says CEO Gelsinger
Stay updated with breaking news from Data Center Group. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
'Our costs are too high and our margins are too low,' says CEO Gelsinger
Even if the rumor is true, don't buy Intel stock ... at least not yet.
The tech industry is well known for creating innovative new business solutions. However, just as important is the work vendors do to make those offerings
Intel stock's valuation is so contracted that investors are paying for the chip business at a discount and getting the foundry business for free. Read why here.
Read the latest stock market news on MarketBeat. Get real-time analyst ratings, dividend information, earnings results, financials, headlines, insider trades and options data for any stock.