Thursday, July 22, 2021

Intel Raises Full-year Sales Forecast, But Supply Constraint Woes Send Shares Down

Intel Corp raised its annual revenue forecast above Wall Street expectations on Thursday, but Chief Executive Pat Gelsinger said the outlook for the chipmaker was still "supply constrained" and that it could take the industry two more years to catch up with rising chip demand.

from Top Tech News- News18.com https://ift.tt/3eOkby7

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