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  • Friday, 23 October 2020

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Intel’s data centre chip sales fall short, shares slide 10%

Posted 2020-10-23, Business Line

October 23

Intel Corp on Thursday missed third quarter revenue estimates for its data-centre chip unit as the Covid-19 pandemic crippled sales to government and business customers, sending its shares down 10 per cent.

Revenue from Intel’s data-centre business fell 7 per cent to $5.9 billion in the reported

"You're seeing the demand shift from desktops and higher-end enterprise PCs to the entry-level consumer and education PCs,"
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