Intel shares sink as memory shortage drags its PC chip outlook

Intel forecast fourth-quarter revenue of $15B to $16B, below the $17B analysts expected, as a memory chip shortage hits PC demand and supply problems slow its data centre unit. Shares fell more than 20% in late trading. Third-quarter revenue rose 21% to $16.5B. Intel shares fell more than 20% in late trading on Thursday after […]
This story continues at The Next Web