ChipsAxios Techabout 2 hours ago
Intel Warns of PC Market Slowdown
3 min read
Intel warned investors that worldwide PC shipments will fall about 12% this year, followed by another roughly 10% decline in 2027. The company blamed memory chip shortages and limited IT budgets. Intel's stock plummeted over 28% Friday, while Dell, HP and Lenovo fell 10.7%, 9.6% and 7.4%, respectively.
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