PC chip plunge wipes out a quarter of Intel’s value | HappeningNow.news

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PC chip plunge wipes out a quarter of Intel’s value

CEO predicts massive datacenter CPU boom, coming soon, but production problems mean Chipzilla may not cash in

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Summary

CEO predicts massive datacenter CPU boom, coming soon, but production problems mean Chipzilla may not cash in Intel’s share price sank by almost a quarter on Thursday after the company revealed a deep dip in sales of PC processors.

Read original at The Register

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