Intel set for sharp drop in quarterly revenue as US chip maker struggles to bounce back

Summary
Intel's quarterly revenue is expected to fall 8%, highlighting its struggles in the data center and PC markets amid growing losses. CEO Pat Gelsinger faces pressure to revive the company's manufacturing edge and regain investor confidence as AMD gains ground in AI chip demand.
South China Morning Post

Read the Full Article

The dedicated team at Semiconductor Packaging News has provided this summary for your convenience.