The chip maker’s third-quarter revenue estimates were about a billion dollars less than previously forecast, signalling the chip slump could be much worse than expected.
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Intel, looking to regain its footing in the chip industry, has introduced new PC processors and graphics semiconductors.
The South African technology show all about personal computers is back for season 2. This season of Everything PC is sponsored by HP and Microsoft.
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The Joe Biden administration plans next month to broaden curbs on US shipments to China of semiconductors, well-placed sources said.
The US’s new restrictions on Nvidia selling advanced chips to Chinese customers threatens to deal a heavy blow to the country’s technological development.
The US beefed up its effort to cut off the flow of advanced technology to China by instructing Nvidia and AMD to stop sending their flagship AI chips there.
Qualcomm is taking another run at the market for server processors, betting it can decrease its reliance on smartphones.
The divide between the biggest chip makers and those highly dependent on demand for mainstream products is set to worsen.