Intel pledges more cost cuts as sales forecast misses estimates (DIGITIMES/DigiTimes: IT news from Asia)

DIGITIMES / DigiTimes: IT news from Asia
Intel pledges more cost cuts as sales forecast misses estimates – Intel shares climbed in late trading after the chipmaker pledged to slash costs, an effort to weather a persistent slump in computer demand that is dragging down sales and profit and obstructing its turnaround efforts. …

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