Scalper1 News
Intel (INTC) slashed its revenue estimate for Q1 by nearly $1 billion early Thursday, citing weaker-than-expected demand for business personal computers and lower-than-expected inventory levels across the PC-supply chain. The Santa Clara, Calif.-based chipmaker, the longtime leader in chips that power PCs and servers, expects Q1 revenue of $12.8 billion, plus or minus $300 million, down from its previous forecast of $13.7 billion, plus or minus Scalper1 News
Scalper1 News