Intel Revenue Outlook
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Intel's Quarterly Revenue Tops Expectations as Investors Await New CEO
As Intel undergoes a historic transition and attempts to emerge from one of its bleakest periods, its December quarter results have beat analysts' low expectations. Shares of the Santa Clara, California-based company climbed 3.8 percent in after-hours trading. Last year, Intel's shares lost about 60 percent.
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Intel CEO Pat Gelsinger Takes 25 Percent Pay Cut as Part of Company-Wide Salary Reductions
Intel CEO Pat Gelsinger will take a 25 percent salary cut, the company announced on Tuesday. The chipmaker is cutting management salaries across the firm, as it tries to save cash for its turnaround plan. Last week, Intel provided a gloomy outlook, predicting one of the worst quarters in its more than 50-year history, amid a shaky global economy.
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Intel's Weak Outlook Stokes Fears of a Chip Slowdown
Intel said the data centre business missed expectations on softer demand from China and slower cloud sales.
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Intel Data Centre Results, Margin Outlook Disappoint
Intel has been increasingly catering to data centres as revenue from PCs has flattened since shipments peaked in 2011.
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Intel's Quarterly Revenue Tops Expectations as Investors Await New CEO
As Intel undergoes a historic transition and attempts to emerge from one of its bleakest periods, its December quarter results have beat analysts' low expectations. Shares of the Santa Clara, California-based company climbed 3.8 percent in after-hours trading. Last year, Intel's shares lost about 60 percent.
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Intel CEO Pat Gelsinger Takes 25 Percent Pay Cut as Part of Company-Wide Salary Reductions
Intel CEO Pat Gelsinger will take a 25 percent salary cut, the company announced on Tuesday. The chipmaker is cutting management salaries across the firm, as it tries to save cash for its turnaround plan. Last week, Intel provided a gloomy outlook, predicting one of the worst quarters in its more than 50-year history, amid a shaky global economy.
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Intel's Weak Outlook Stokes Fears of a Chip Slowdown
Intel said the data centre business missed expectations on softer demand from China and slower cloud sales.
-
Intel Data Centre Results, Margin Outlook Disappoint
Intel has been increasingly catering to data centres as revenue from PCs has flattened since shipments peaked in 2011.
