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Intel 'stumbled,' chief executive says; shares drop as loss forecast

Intel 'stumbled,' chief executive says; shares drop as loss forecast

Surprises investors with bleak outlook for both PC and data centre division.
Jane Lanhee Lee and Chavi Mehta Jan 27 2023, 2:38PM Tech
PC demand dropped to its ‘lowest level in years’ in 2022

PC demand dropped to its ‘lowest level in years’ in 2022

IT industry research firms IDC and Gartner point to a difficult year.
Joseph F. Kovar Jan 13 2023, 9:32AM Business
Intel to lay off workers, adjusts forecast down

Intel to lay off workers, adjusts forecast down

"People actions" part of US$3 billion cost cutting plan.
Chavi Mehta and Jane Lanhee Lee Oct 28 2022, 11:06AM Business
IDC sees PC shipment slowdown through 2023

IDC sees PC shipment slowdown through 2023

Shift to hybrid and remote work could sustain sales however.
Shane Snider , Staff Writers Sep 2 2022, 9:26AM Business
Intel lowers annual revenue forecast on PC demand slump

Intel lowers annual revenue forecast on PC demand slump

Expects up to US$11 billion lower earnings for FY2022.
Staff Writer Jul 29 2022, 8:23AM Business
PC, tablet and phone shipments to fall this year: Gartner

PC, tablet and phone shipments to fall this year: Gartner

"Perfect storm” of issues behind this year's volume drop.
Mark Haranas Jul 8 2022, 8:48AM Business
Acer ANZ boss Darren Simmons departs

Acer ANZ boss Darren Simmons departs

Gaba Cheng promoted from GM as replacement.
Nico Arboleda Apr 5 2022, 8:00AM Business