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Profits slump at Intel as computer chip demand increases

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Intel’s profit forecast has fallen short of analyst expectations despite a massive global demand for computer chips.

Rising manufacturing costs are behind the reduced profits and come on the pack of supply chain problems from the pandemic.

The Myanmar crisis has also impacted tin supply.

Intel shares were down 3.1% after-hours trading after the results.

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Money

Recovery on the horizon: investing in growth

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The ‘gloom to soon’ signal points to shares and property gains

Money Minute features finance expert Dr. Steve Enticott from CIA Tax, guiding audiences through practical advice and innovative strategies for financial freedom.

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Navigating the downturn: investment tips for tough times

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Why the contraction phase calls for cash-focused strategies

Money Minute features finance expert Dr. Steve Enticott from CIA Tax, guiding audiences through practical advice and innovative strategies for financial freedom.

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Warning signs of the boom: time to cash out?

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How to spot overheating markets and safeguard your investments

Money Minute features finance expert Dr. Steve Enticott from CIA Tax, guiding audiences through practical advice and innovative strategies for financial freedom.

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