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Intel Corporation issued a lower-than-expected forecast for its fiscal second quarter, citing further chip shortages due to the widening COVID-19 curbs in China. The chipmaker projects a current-quarter adjusted profit
Qualcomm Inc.’s strategy to diversify into the growing non-handset business paid off with the upbeat second-quarter earnings. The semiconductor company delivered earnings of $3.21 per share, surpassing the $2.91 expected.
Google parent Alphabet Inc released weaker-than-expected earnings and revenue for the first quarter, primarily hit by a big miss at YouTube. The world’s largest provider of search and video reported
The current sharp drop in graphic processing units (GPU) could signal an unexpected ending to a global chip crunch. Earlier this month, analysts said that the markup over the manufacturer’s
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