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Layoffs at Intel Could Spell a Bitter Winter for Tech. It’s Not All Bad News.

Intel’s Data Warning Hits AMD and Nvidia Stock. A Chip Sector Upheaval Is Near.

Chrys Hendricks by Chrys Hendricks
January 28, 2023
in Finance
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Intel


‘s disappointing results and warning of a contracting data-center market knocked the stock in some of its key rivals on Friday. 



Intel


(ticker: INTC) shares were down 10% in premarket trading after the chip maker missed expectations for the fourth quarter and provided a revenue forecast for its March quarter far below expectations.

Chrys Hendricks

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