Business
Intel raises annual sales, profit forecast – Reuters
Intel Corp on Thursday reported that margins tumbled in the latest quarter as consumers bought cheaper laptops and pandemic-stricken businesses and governments…
(Reuters) – Intel Corp INTC.O on Thursday reported that margins tumbled in the latest quarter as consumers bought cheaper laptops and pandemic-stricken businesses and governments clamped down on data center spending, news that sent its shares down 10%.
FILE PHOTO: Intel Corporation CEO Bob Swan gives an interview to Reuters outside the Fab 42 microprocessor manufacturing site in Chandler, Arizona, U.S., October 2, 2020. REUTERS/Nathan Frandino/File Photo
Intel, the dominant provider of processor…
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