Data Center

Intel revenue drops again; company to speed up next-gen chips | TechTarget

For the fourth consecutive quarter, Intel’s revenue spiraled down as sagging PC sales, mounting competitive pressures and tightening IT budgets continue to weigh on the company’s financial performance. Intel’s fourth-quarter revenue plummeted 32%, to $14.04 billion. The company reported a $664 million net loss, compared with a profit of $4.62 billion in the year-ago quarter. […]