Intel Tumbles After Forecast Suggests Comeback Is Far Off

Intel Tumbles After Forecast Suggests Comeback Is Far Off

Business
January 27, 2023 by secret
133
[ad_1] (Bloomberg) — Intel Corp. gave one of the gloomiest quarterly forecasts in its history after a personal-computer slump ravaged the chipmaker’s business, sending shares tumbling and further setting back turnaround efforts. Most Read from Bloomberg The company predicted a surprise loss in the current period and a sales range that missed analysts’ estimates by