Intel Shares Plunge 25 Percent After Chipmaker Issues Disastrous Forecast
Summary
Shares of Intel plunged roughly 25 percent in premarket trading Friday after the American semiconductor giant issued a sharply disappointing sales and earnings forecast, raising fresh doubts about its turnaround and warning that a severe slump in the personal computer market could persist well into next year.
Description from Breitbart News.
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Intel Shares Plunge 25 Percent After Chipmaker Issues Disastrous Forecast
Shares of Intel plunged roughly 25 percent in premarket trading Friday after the American semiconductor giant issued a sharply disappointing sales and earnings forecast, raising fresh doubts about its turnaround and warning that a severe slump in the personal computer market...
Mixed reliabilityElevated risk
