{"id":642682,"date":"2023-04-28T22:05:40","date_gmt":"2023-04-29T03:05:40","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/04\/28\/intel-suffered-its-largest-ever-quarterly-loss-and-said-it-would-remain-in-the-red-as-it-prepares-for-the-market-recovering-from-the-sharp-fall-in-pc-sales-that-hammered-its-business\/"},"modified":"2023-04-28T22:05:40","modified_gmt":"2023-04-29T03:05:40","slug":"intel-suffered-its-largest-ever-quarterly-loss-and-said-it-would-remain-in-the-red-as-it-prepares-for-the-market-recovering-from-the-sharp-fall-in-pc-sales-that-hammered-its-business","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/04\/28\/intel-suffered-its-largest-ever-quarterly-loss-and-said-it-would-remain-in-the-red-as-it-prepares-for-the-market-recovering-from-the-sharp-fall-in-pc-sales-that-hammered-its-business\/","title":{"rendered":"Intel suffered its largest-ever quarterly loss and said it would remain in the red as it prepares for the market recovering from the sharp fall in PC sales that hammered its business."},"content":{"rendered":"<div xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\">\n<div>\n<h2>Chip maker is cutting costs while pursuing a pricey turnaround effort<\/h2>\n<\/div>\n<div>\n<div>\n<p><time datetime=\"2023-04-27T22:50:00Z\">Updated April 27, 2023 6:50 pm ET<\/time><\/p>\n<\/div>\n<section>\n<p data-type=\"paragraph\">Intel Corp. suffered its largest-ever quarterly loss and said it would remain in the red as it prepares for the market recovering from the sharp <a data-type=\"link\" href=\"https:\/\/www.wsj.com\/articles\/pc-shipments-drop-sharply-with-slump-expected-to-persist-until-2024-11673482173?mod=article_inline\" rel>fall in personal-computer sales<\/a> that hammered its business.<\/p>\n<p data-type=\"paragraph\">Sales fell to a level not seen since 2010. Intel on Thursday posted revenue of $11.7 billion for the first quarter, above estimates from analysts surveyed by FactSet. That marked a 36% decline from the prior-year period.<\/p>\n<\/section>\n<p>Copyright \u00a92023 Dow Jones &#038; Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8<\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.wsj.com\/articles\/intel-corp-intc-q1-earnings-report-2023-91aab8b3\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Rebecka Guillemette<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chip maker is cutting costs while pursuing a pricey turnaround effortUpdated April 27, 2023 6:50 pm ETIntel Corp. suffered its largest-ever quarterly loss and said it would remain in the red as it prepares for the market recovering from the sharp fall in personal-computer sales that hammered its business.Sales fell to a level not seen<\/p>\n","protected":false},"author":1,"featured_media":642683,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2965,1019],"tags":[],"class_list":{"0":"post-642682","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-intel","8":"category-suffered"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/642682","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=642682"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/642682\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/642683"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=642682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=642682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=642682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}