Disappointed expectations cause chip giant’s stock to fall

Intel’s revenue in the fourth quarter fell four percent compared to the same period the previous year, totaling $13.7 billion. Despite industry-wide supply shortages, this exceeded analysts’ expectations. However, Intel’s revenue forecast for the next quarter, between $11.7 and $12.7 billion, is below analysts’ expectations of $12.6 billion. Intel’s stock dropped by 10 percent after […]