Apple’s decision to stop reporting how many iPhones it sells landed with a thud. Many analysts complained it was an attempt to hide the pain of a stagnant smartphone market.
Either Intel’s somehow immune to the macro meltdown affecting not just chips but multiple areas of the global economy, or the dark clouds just haven’t appeared on its horizon yet.
The growth engines of Amazon.com and Alphabet, the world’s largest Internet companies, sputtered last quarter, and after weeks of stock market jitters, investors were in no mood to give them a pass.
Intel shares jumped the most since March after a research report stoked optimism about its delayed next-generation manufacturing technology and sent rival AMD tumbling.
Apple’s iPhones shouldn’t be banned from the US even though they infringe a patent owned by Qualcomm, a US International Trade Commission judge found on Friday.
Qualcomm has added yet another layer to its ongoing legal battle with Apple by accusing the iPhone maker of stealing software and tools to help improve chips from rival Intel.
Storm clouds are brewing over the global technology industry. A host of hardware companies are sitting on inventory stockpiles not seen since the financial crisis a decade ago.
Intel shares dipped after the company, whose processors power the majority of the world’s computers, revealed another potential security flaw that could allow illicit access to data.
For a technology sector on the verge of begetting two trillion-dollar companies in Amazon.com and Apple, the requirements are getting daunting.
Intel fell as much as 8.4% on Friday after executives said a key new chip technology wouldn’t be out until late next year, prompting concerns the company could be vulnerable to rivals.