Intel foundry push faces critical test after 45% stock plunge in October
Intel foundry push faces critical test after 45% stock plunge in October
Intel foundry push faces critical test after 45% stock plunge in October
Key points
اہم نکات
मुख्य बातें
- Intel's plan to become a major contract chipmaker is under intense pressure after its shares fell 45% in October, the steepest monthly drop on record, including a 29% fall in a single day, its worst since the 1970s.
- The slide followed a revenue forecast $1 billion to $2 billion below analysts' estimates, blamed on weakness in the PC market.
- Intel is shifting some Oregon factory capacity from its advanced 18A chips to the older Intel 3 node for data centre products, a move that could complicate its bid to win outside customers and catch rival TSMC.
- Intel's plan to become a major contract chipmaker is under intense pressure after its shares fell 45% in October, the steepest monthly drop on record, including a 29% fall in a single day, its worst since the 1970s.
- The slide followed a revenue forecast $1 billion to $2 billion below analysts' estimates, blamed on weakness in the PC market.
- Intel is shifting some Oregon factory capacity from its advanced 18A chips to the older Intel 3 node for data centre products, a move that could complicate its bid to win outside customers and catch rival TSMC.
- Intel's plan to become a major contract chipmaker is under intense pressure after its shares fell 45% in October, the steepest monthly drop on record, including a 29% fall in a single day, its worst since the 1970s.
- The slide followed a revenue forecast $1 billion to $2 billion below analysts' estimates, blamed on weakness in the PC market.
- Intel is shifting some Oregon factory capacity from its advanced 18A chips to the older Intel 3 node for data centre products, a move that could complicate its bid to win outside customers and catch rival TSMC.
Intel's plan to become a major contract chipmaker is under intense pressure after its shares fell 45% in October, the steepest monthly drop on record, including a 29% fall in a single day, its worst since the 1970s. The slide followed a revenue forecast $1 billion to $2 billion below analysts' estimates, blamed on weakness in the PC market. Intel is shifting some Oregon factory capacity from its advanced 18A chips to the older Intel 3 node for data centre products, a move that could complicate its bid to win outside customers and catch rival TSMC. Its chief executive has said the company expects to announce a couple of foundry customers in the coming two quarters.
Intel's plan to become a major contract chipmaker is under intense pressure after its shares fell 45% in October, the steepest monthly drop on record, including a 29% fall in a single day, its worst since the 1970s. The slide followed a revenue forecast $1 billion to $2 billion below analysts' estimates, blamed on weakness in the PC market. Intel is shifting some Oregon factory capacity from its advanced 18A chips to the older Intel 3 node for data centre products, a move that could complicate its bid to win outside customers and catch rival TSMC. Its chief executive has said the company expects to announce a couple of foundry customers in the coming two quarters.
Intel's plan to become a major contract chipmaker is under intense pressure after its shares fell 45% in October, the steepest monthly drop on record, including a 29% fall in a single day, its worst since the 1970s. The slide followed a revenue forecast $1 billion to $2 billion below analysts' estimates, blamed on weakness in the PC market. Intel is shifting some Oregon factory capacity from its advanced 18A chips to the older Intel 3 node for data centre products, a move that could complicate its bid to win outside customers and catch rival TSMC. Its chief executive has said the company expects to announce a couple of foundry customers in the coming two quarters.
Most read
سب سے زیادہ پڑھی گئی
सबसे ज़्यादा पढ़ी गई
- Loading...
Get news in your inbox
خبریں اپنے ان باکس میں حاصل کریں
खबरें अपने इनबॉक्स में पाएं
One email when new stories are published. No spam, unsubscribe anytime.
نئی خبریں شائع ہونے پر ایک ای میل۔ کوئی سپیم نہیں، کسی بھی وقت ان سبسکرائب کریں۔
नई खबरें प्रकाशित होने पर एक ईमेल। कोई स्पैम नहीं, कभी भी अनसब्सक्राइब करें।