Intel Just Gave Investors Even More Reason to Worry
The delay of a crucial chip release increases challenges for the tech giant after a pair of big setbacks.
Intel’s disappointments keep piling up.
Photographer: Aaron M. Sprecher/Bloomberg
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Intel Corp. investors could have used some upbeat news. They didn’t get it.
A month after Apple Inc. announced a plan to switch to its own chips over Intel’s for its Mac PCs and laptops, and just weeks removed from the stunning departure of its top chip architect, Intel has now revealed even more disappointing news: another chip delay.