Intel’s AI Business Grew 78%. So Why Did the Stock Just Crash 30%?

Share

Intel shares fell 29% in a move highlighted by BeInCrypto. The decline followed a 78% increase in AI-related revenue. Weak fourth-quarter guidance erased the optimism generated by that growth. The stock therefore fell by roughly 30% despite the strong expansion of Intel’s AI business.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items