Intel Share Down Due to the Postponement of the Anticipated Chip
An announcement by Intel Corp executives about the postponement of the release of the new Intel chip has led to the fall of the company’s stock price. According to Intel Corp executives, the new chip won’t be out till the next year. The move is as a step to wade of competition from rivals who are making progress in the field.
Intel Corp is the world’s second largest semiconductor chip maker after Samsung. The company reported very positive results for the second quarter of the year and was positive that they will beat their total goals by the end of the year.
Intel planned to introduce its new 10-nanometer chips this year but the release is set to happen in the course of 2019. The chips will be in personal computers that will be sold during the course of 2019. Server chips will be re...