Intel quarterly results disappoint investors

Anticipates further losses next quarter

clock • 3 min read
Intel is threatened by competiton from rivals like AMD and internally produced chips at former big-name customers like Apple and Amazon
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Intel is threatened by competiton from rivals like AMD and internally produced chips at former big-name customers like Apple and Amazon

Intel's fourth-quarter earnings fell short of analysts' expectations when it shared them on Thursday.

The company said its revenue fell 32% year-over-year (YoY) to $14 billion in the fiscal quarter that ended 31st December. The chipmaker reported a net loss of $664 million, compared to a profit ...

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