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Intel just reported earnings, and is down 10% in pre-market (ouch). It seems the market did not like the soft pc sales numbers. https://www.anandtech.com/show/
by ant6n 5y ago
Intel just reported earnings, and is down 10% in pre-market (ouch). It seems the market did not like the soft pc sales numbers.
https://www.anandtech.com/show/17027/intel-reports-q3-2021-earnings-client-down-datacenter-and-iot-up https://www.anandtech.com/show/17027/intel-reports-q3-2021-e...
- simonh 5y agoThat's weird, the linked page shows them significantly up, and Google shows them storming it at $56.
- bwlg 5y agoAt the top right of the graph you can see that it's currently around 9% in the minus in the pre-market. A lot of sites don't update the graph for pre-market movements and only show price movements from when the market is open. On yahoo finance you can see pre-market movements if you open the full-screen graph (simply click the graph or click "full-screen" on mobile). https://finance.yahoo.com/quote/INTC?p=INTC&.tsrc=fin-srch https://finance.yahoo.com/quote/INTC?p=INTC&.tsrc=fin-srch
- kfprt 5y agoI'd bet PC sales are down because of the lack of GPU's. Mining hurts the rest of the industry because they aren't selling as many high end MOBO's, CPU's, cases, etc etc. Sounds like they need to twist arms to preference PC's over mining.