How a decision 15 years ago contributed to Intel’s fall from grace today

//How a decision 15 years ago contributed to Intel’s fall from grace today

How a decision 15 years ago contributed to Intel’s fall from grace today

Last month, Intel announced its second-quarter financial results, handily beating analysts’ consensus expectations by a handsome margin. Still, investors sold the stock and the company lost around US$50 billion in valuation. Meanwhile, its rival in advanced process technology, TSMC, saw its market valuation increase by over 50 per cent over the same period.Most investment bank analysts covering this sector downgraded Intel to a “sell” and upgraded TSMC and Intel’s US-based rival AMD to a “buy”…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2020-08-21T22:00:19+00:00 August 21st, 2020|Technology|Comments Off on How a decision 15 years ago contributed to Intel’s fall from grace today