Steve July 29, 2022
overdependence-on-pcs-and-servers-drag-intel-down

A combination of macroeconomic headwinds and internal problems led to Intel’s revenue dropping 22% to $15.3 billion in the second quarter of 2022, marking the seventh straight quarter of decline for the chipmaker.Revenue was also 15% below the company’s original guidance for the quarter. “Due to the difficult macroeconomic environment together with our own execution challenges, our results for the quarter were well below expectations and necessitate a significant revision, Read More