Intel Posts Largest Loss in Years as PC and Server Nosedives
Intel's sales are expected to go even lower as its customers prep to aggressively clear out inventory in Q1.
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Intel's sales are expected to go even lower as its customers prep to aggressively clear out inventory in Q1.
Intel’s two biggest business units were hit hard during the last three months of 2022, as the PC market continued to experience its biggest slump in decades.
Intel called for a loss in the first quarter, while analysts had expected income. The chipmaker is dealing with a sharper-than-expected PC market contraction.
Intel called for a loss in the first quarter, while analysts had expected income. The chipmaker is dealing with a sharper-than-expected PC market contraction.
Intel called for a loss in the first quarter, while analysts had expected income. The chipmaker is dealing with a sharper-than-expected PC market contraction.