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60°

Intel's Bottom Line Hurt by Slumping PC Market

Maximum PC: So the sky might not be falling, but Intel's fourth quarter profit sure did. Intel reported net income of $2.5 billion for the fourth quarter of 2012, down 27 percent from $3.4 billion in Q4 2011. As one might expect, the world's largest chip maker was hurt by a slowdown in PC sales as the market shifts towards mobile devices like tablets, smartphones, and hybrid laptops. Nevertheless, Intel said it wasn't surprised by its Q4 performance.

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maximumpc.com
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Community4114d ago
60°

Intel CEO thinks chip shortage could extend into 2024

Last Friday, Intel CEO Pat Gelsinger told CNBC he thinks the chip shortage will last into 2024.

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techspot.com
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Community724d ago
60°

The Radeon RX 6500M outperforms the Intel Arc A370M in AMD benchmarks

The Radeon RX 6500M outperforms the Intel Arc A370M in AMD benchmarks. This week, Intel unveiled its Arc laptop GPUs, which featured the A370M from the Arc 3

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techacrobat.com
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Community752d ago
80°

AMD has a larger market cap than Intel for the first time in history

AMD has a larger market cap than Intel for the first time in history. Since its initial Zen architecture in 2017, AMD's fortunes have improved dramatically.

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techacrobat.com
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Community799d ago