Intel Corp., the world’s largest maker of chips for PCs, is sticking to its guns amid a drastic slowdown in computer sales.
If fewer people are interested in buying a new personal computer, then fewer investors want to own stakes in companies whose fortunes are tied to the sales of laptop and desktop machines.
Intel has confirmed that it will begin offering a set top-box to deliver movies and TV shows to your television set.
Now that President Barack Obama has named immigration reform one of his top priorities this year, some technology giants of Silicon Valley plan to press for changes that would help them bring more skilled workers to the U.S.
Intel Corp., the world’s largest chipmaker, on Thursday said its fourth-quarter net income fell 27 percent from the previous year, as PC sales continued to weaken.
Intel said its CEO, Paul Otellini, planned to retire in May after nearly 40 years with the company.
Intel, the world’s largest chipmaker, said its net income fell 14 percent from last year, and it’s looking at tough conditions in the new quarter.
Intel previewed a wave of tablet computers powered by a microprocessor that the company redesigned to make a bigger dent in the rapidly growing mobile market.
Intel is cutting its third-quarter revenue forecast due to softer-than-expected demand amid difficult economic conditions.
Computer maker Hewlett-Packard said it has won a big victory in its court battle to force Oracle to continue making software for one of its server lines.